Tag Archives: Arbitration

Arbitration of Wage Hour Claims Controversy Continues Unabated

The controversy over whether employees must arbitrate wage claims continues with full force. A federal judge has just sent to arbitration a claim by an employee that the Company violated the Fair Labor Standards Act by not paying him overtime … Continue reading

Posted in Employment and Labour Law | Tagged , , , , , , | Leave a comment

NJ Senate Bill S-1858 Proposes to Implement a Permanent 2% Salary Cap on Police and Fire Interest Arbitration Awards

On Friday, February 9th, 2018, New Jersey State Senator Declan O’Scanlon introduced legislation that would reinstate New Jersey’s interest arbitration salary cap that limits two-percent (2%) annual salary increases that can be awarded when disputed police and fire contracts enter … Continue reading

Posted in Employment and Labour Law | Tagged , , , , , , , , , , , | Leave a comment

Arbitration – Friend or Foe

Arbitration is an increasingly common alternative to traditional resolution of business disputes in state and federal courts.  Most sophisticated businesses have used or experienced contracts with arbitration clauses at some point in the past.  In several industries, such as Financial/Brokerage relationships, … Continue reading

Posted in Real Estate & Property Law | Tagged , | Leave a comment

Former Morgan Stanley Broker Seeks to Vacate $2M Arbitration Award Citing Destruction of Evidence

In November, the Financial Industry Regulatory Authority (“FINRA”) ordered Stephen Todd Walker (“Walker”), a former Morgan Stanley (“MSSB”) Advisor, to pay approximately $2 million to cover remaining promissory note balances and arbitration costs (the “Award”).  Promissory note cases can be … Continue reading

Posted in Securities Law | Tagged , , , , , , , , , , | Leave a comment

Resolving the Issues Arising from Emergency Arbitration

[Aanchal Jain is a 4th year B.A.L.L.B. (Hons.) student at Dr. Ram Manohar Lohiya National Law University, Lucknow, India] Introduction Foremost among the new developments in the field of arbitration stands the concept of emergency arbitration.  Although emergency arbitration is a relatively new phenomenon, it has … Continue reading

Posted in Business law | Tagged , , , , | Leave a comment