Guest author Harry A. Jacobowitz, Esq., analyzes for us an explained AAA Award featuring the largest damages since 2018 and the Arbitrator’s detailed explanation (as requested by the parties) of liability and damages in favor of a hedge fund against its fired portfolio manager.
By George H. Friedman, SAA Editor-in-Chief
The amount of damages in an arbitration award may only be modified by a federal court if there is a mathematical error in calculating the damage “clearly evident” on the face of the award,
In our monthly report on the February 2020 statistics FINRA Dispute Resolution Services* (FINRA-DRS) posted at the end of March (see SAA 2020-13), we noted that the case filing statistics were coming in,
By Gabrielle Pollard*
On March 6, the New York State Bar Association (“NYSBA”) hosted a full-day securities arbitration and mediation seminar titled Securities Arbitration 2020: Deep Dive.
We published in SAA 2020-12 (Mar. 25) an article by Mediator Roger M. Deitz advocating that parties consider using telephone mediation as a way to cope with Coronavirus-related delays and disruptions to the dispute resolution process.
By Richard P. Ryder*
Arbitration is, of course, an alternative to going to court, and for the most part it is just that —