The Ability to Contract for Expanded Judicial Review of Arbitration Awards Is Limited in Several Jurisdictions
United States Law Articles in English (2008)
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U.S. Court of Appeals for the Ninth Circuit - 97 Cal. Daily Op. Serv. 9183, 97 Daily Journal D.A.R. 14,835 Lapine Technology Corporation, Plaintiff-Appellee, v. Kyocera Corporation, Defendant-Appellant. Kyocera Corporation, Plaintiff-Appellant, v. Prudential-Bache Trade Services, Inc., Fdba Prudential-Bache Trade Corporation; Prudential Capital & Investment Services, Inc.; Lapine Holding Co.; Lapine Technology Corporation, Defendants-Appellees. Lapine Technology Corporation, Plaintiff-Appellee, v. Kyocera Corporation, Defendant-Appellant. Kyocera Corporation, Plaintiff-Counter-Claimant-Appellant, v. Prudential-Bache Trade Services, Inc., Fdba Prudential-Bache Trade Corporation; Prudential Capital & Investment Services, Inc.; Lapine Technology Corporation; Lapine Holding Company Inc., Defendants-Counter-Claimants-Appellees. Kyocera Corporation, Plaintiff-Appellee, v. Prudential-Bache Trade Services, Inc., Fdba Prudential-Bache Corporation; Prudential Capital & Investment Services, Inc.; Lapine Technology Corporation; Lapine Holdin..., 130 F.3d 884 (9th Cir. 1997) 97 Daily Journal D.A.R. 14,835 Lapine Technology Corporation, Plaintiff-Appellee, v. Kyocera Corporation, Defendant-Appellant. Kyocera Corporation, Plaintiff-Appellant, v. Prudential-Bache Trade Services, Inc., Fdba Prudential-Bache Trade Corporation; Prudential Capital & Investment Services, Inc.; Lapine Holding Co.; Lapine Technology Corporation, Defendants-Appellees. Lapine Technology Corporation, Plaintiff-Appellee, v. Kyocera Corporation, Defendant-Appellant. Kyocera Corporation, Plaintiff-Counter-Claimant-Appellant, v. Prudential-Bache Trade Services, Inc., Fdba Prudential-Bache Trade Corporation; Prudential Capital & Investment Services, Inc.; Lapine Technology Corporation; Lapine Holding Company Inc., Defendants-Counter-Claimants-Appellees. Kyocera Corporation, Plaintiff-Appellee, v. Prudential-Bache Trade Services, Inc., Fdba Prudential-Bache Corporation; Prudential Capital & Investment Services, Inc.; Lapine Technology Corporation; Lapine Holdin...
Arbitration and Dispute Resolution
Corporate/ Company Law
Contract Law
Litigation, Arbitration and Dispute Resolution
Arbitration & Dispute Resolution, Trials & Appeals and Compensation
The Ability to Contract for Expanded Judicial Review of Arbitration Awards Is Limited in Several Jurisdictions
Introduction
Our clients frequently ask which is better for their contracts - resolving disputes in arbitration or court? Because appeal rights are limited in arbitration, the question arises whether we can arbitrate in the first instance, but preserve a later right of appeal. Some contracts now provide for an appellate panel of arbitrators, who review the decision of the arbitration hearing panel. Contracting for judicial review of arbitration awards is more problematic. The federal circuits are split on whether parties can contract to impose a legal standard of review by courts following their private arbitrations. The Federal Arbitration Act ("FAA") sets out very narrow grounds upon which an arbitration ruling may be vacated or modified by a court. See 9 U.S.C. §§ 10 - 11. Several of these grounds relate primarily to fraud or corruption on the part of the arbitrator(s). The broadest basis availabl...Try vLex for FREE for 3 days
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