On April 16, 2008, TroyGould attorneys made a presentation to members of the Southern California Chapter of the Association of Corporate Counsel:
Arbitration Hits and Myths: What You Need to Know
About the Modern World of Arbitration
Arbitration is a quick and inexpensive way to resolve your business disputes, right? All disputes lend themselves to arbitration, right? Disputes in all jurisdictions are better arbitrated than left to the courts, right? Arbitration produces better outcomes, right? Wrong.
Attendees at the program learned what they needed to know when considering whether to incorporate an arbitration provision into their business deal. Which arbitration provider is best? Will an off-the-rack arbitration work for your deal, or should you consider “designer” arbitration? Is the court system a better alternative than arbitration? When can arbitration be your worst nightmare?
Transactional and litigation lawyers provided attendees with practical advice and a review of the many recent cases in the rapidly evolving law of arbitration, including the recently-decided U.S. Supreme Court decision in Hall Street Associates v. Mattell (March 25, 2008), regarding the scope of judicial review of arbitration awards.