Bills have recently been introduced in both the United States House of Representatives and Senate seeking to reform arbitration and the arbitration process. While there are a number of such bills, the one receiving the most attention is the Arbitration Fairness Act. This Act would dramatically reshape arbitration in the United States and might even have a broader impact throughout the world. Because MIAS is a member of both the United States and international arbitration community, it is important that we both follow and participate in the development of the Act. In this spirit, over the coming weeks and months I will be posting on the Act and providing updates on both the Act and related topics. (more…)
Posts Tagged ‘Arbitration’
Following the Arbitration Fairness Act
Thursday, May 14th, 2009How to preserve and improve the Federal Arbitration Act
Tuesday, March 10th, 2009By Carlos A. Romero, Jr.
Post & Romero
Over the years, abuses in arbitration have been noted by many scholars and litigators. In response to the growing abuse, a movement has been growing toward amending the federal legislation to protect certain classes of claimants, like consumers and employees. Unfortunately, the legislative proposals to date use a sledge hammer to hit the nail on the head with so much force so as to splinter the wood beyond recognition. These proposals, then, threaten the core and essence of arbitration-its simplicity, speed, and efficiency.
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