Wednesday, June 23, 2010

Supreme Court weighs in on question of arbitration

Many corporations today have included in their employee policies that in case of a dispute over contract terms it must be sent to arbitration. Yesterday the US Supreme Court ruled that the requirement that the arbitrator has full responsibility for the solution is enforceable. This means that the requirement for a court to decide if it is enforceable is no longer the rule of the land. It would be prudent on your part to investigate the wording on your arbitration clauses to determine whether the wording is in line with the supreme court ruling.

No comments: