2007 international conference washington, d.c. ~ november 7-9, 2007 “ let’s arbitrate! it’s...
TRANSCRIPT
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Washington, D.C. ~ November 7-9, 2007
2007 International 2007 International ConferenceConference
““LET’S ARBITRATE! LET’S ARBITRATE! IT’S FAST, CHEAP IT’S FAST, CHEAP
AND FAIR, RIGHT?”AND FAIR, RIGHT?”
THURSDAY, NOVEMBER 8, 2007TIME: 3:45 P.M.
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Let’s ArbitrateLet’s ArbitratePanel MembersPanel Members
MODERATOR:
• Randall A. Miller, PartnerSedgwick, Detert, Moran & Arnold
• P. JEAN BAKER, District Vice PresidentAmerican Arbitration Association
• KATHY JACOBSON, Senior Vice PresidentSeabury & Smith
• EDITH MATTHAI, President & Managing Partner Robie & Matthai, PC
• MICHAEL MERLO, Senior Vice President & Chief CounselAon (Bermuda) Ltd.
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INTRODUCTIONINTRODUCTION
What are we going to be talking about?
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Format of Session Format of Session
• Question/Answer
• We encourage questions!
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BACKGROUND OF BACKGROUND OF ARBITRATION ARBITRATION
Why are we here?
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
Rise of arbitration
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
FINRA (FORMERLY NASD) ARBITRATION
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
International Arbitration
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
Professional Liability
and
Miscellaneous Arbitrations
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
American Arbitration Association
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
Propriety of
Contractual Arbitration Provisions
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
Drafting Issues
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
Are the provisions enforceable?
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BACKGROUND OF BACKGROUND OF ARBITRATIONARBITRATION
(cont’d)(cont’d)
Insurance implications
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Should I be Should I be in Arbitration?in Arbitration?
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Should I be in Should I be in Arbitration? Arbitration?
(cont’d)(cont’d)
What are the differences between arbitration and conventional
State/Federal Court litigation?
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
Structure of arbitration
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
Choosing Arbitrators
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Number
• Specialized expertise
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Should I be in Arbitration?Should I be in Arbitration?(cont’d)(cont’d)
• Rules of Procedure
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Discovery
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Law/Motion
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Should I be in Arbitration?Should I be in Arbitration?(cont’d)(cont’d)
• Confidentiality
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Joinder of other parties
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Cost
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Should I be in arbitration?Should I be in arbitration? (cont’d)(cont’d)
• Time
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Should I be in arbitration?Should I be in arbitration? (cont’d)(cont’d)
• Finality of award
Reasoned awards
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Finality of award
Res Judicata
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Finality of award
Appealability
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Should I be in Arbitration?Should I be in Arbitration? (cont’d)(cont’d)
• Finality of award
Enforceability
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Is Arbitration Fair?
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SO, WHERE DO WE END UP?
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CLOSING REMARKS