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Securities Arbitration: FINRA May Reconstitute Panels

By: Stephen P. Lagoy The Financial Industry Regulatory Authority (FINRA), which administers the arbitration program to which brokerage customers must bring their complaints, is considering using arbitration panels comprising all “non-industry” members.  Presently, panels must include at least one industry member among the three-person panel.  The remaining member(s) are “public” (i.e. from outside the …

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Chrysler Changes Its Tune On Terminated Dealers

By: Stephen P. Lagoy After initially indicating that terminated dealers would be reinstated through the federally-mandated arbitration procedure or not at all [see blog post: Chrysler and GM Take Different Approaches to Dealer Arbitration], Chrysler now says that it will offer to reinstate 50 of the 789 dealerships it terminated last year.  The …

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Chrysler and GM Take Different Approaches to Dealer Arbitration

By: Stephen P. Lagoy Unlike GM, which has notified more than half of its terminated dealers that they will be offered reinstatement without going to arbitration, Chrysler has announced that dealer reinstatement will occur through arbitration, or not at all.  The key difference in the approaches of the two auto manufacturers may lie in …

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GM outlines arbitration process for dealer reinstatement arbitration

By: Stephen P. Lagoy General Motors is prepared to proceed with a Congressionally-mandated program that will allow 2000 of GM’s closed dealerships to appeal the closure decision through an independent arbitration process. Dealers who want to file for reinstatement must do so through the American Arbitration Association and commence arbitration by Jan. 25. Under …

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Car Dealers To Use Mediation and Arbitration

By: Stephen P. Lagoy Congress has approved a plan that would allow 2000 terminated car dealers to pursue third party mediation and arbitration with GM and Chrysler with the possibility of being reinstated. For an analysis of this alternative dispute resolution process and its chances of being successful, see http://online.wsj.com/article/. For more information …

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Arbitrators: What is their value?

by: Stephen P. Lagoy Here is an article from the Dallas Morning News on arbitrators that you may find interesting.  For more information on how alternative dispute resolution, mediation or arbitration could help you, please contact our office.

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Justice O’Connor’s view on Arbitration

By: Stephen P.  Lagoy You may find interesting retired Justice O’Connor’s view on arbitration in this excerpt from the August 10, 2009 on line edition of the Wall Street Journal: WSJ: Has your circuit service affected your views of mediation, arbitration and other alternatives to litigation? Justice O’Connor: Well, I have been a strong advocate …

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How Comprehensive Mediation Can Work For You

By: Stephen P. Lagoy As reported in the National Catholic Reporter Online Edition, several sex abuse cases in the Chicago Archdiocese were recently settled through the use of a Comprehensive Mediation Process. To view the article in the National Catholic Reporter about their successful use of arbitration and mediation, click here. For …

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Baseball Arbitration – Could it work for you?

By: Stephen P. Lagoy One approach to alternative dispute resolution is called “baseball arbitration.” It is patterned after major league baseball’s salary arbitration rule. This is the rule that was saved by then U.S. District Court Judge Sonia Sotomayor, President Obama’s Supreme Court nominee, when she issued an injunction ending a long player strike …

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