Business Litigation Report -- January 2014

In This Issue -

Firm News:

..Quinn Emanuel Arbitration Practitioners Recognized in Global Arbitration Review’s “International Who’s Who of Commercial Arbitration”

..Quinn Emanuel Expands International White Collar Team with the Addition of Juan Morillo

Main Article:

..Landmark Revisions to the AAA’s Commercial Arbitration Rules

Noted With Interest:

..Federal Prosecution of Trade Secret Theft

Victories:

..Appellate Victory: Quinn Emanuel Secures Complete Reversal, New Trial in Bad Faith/Punitive Damages Case

..Appellate Victory for UniCredit Preventing Fraud Claims

..Quinn Emanuel Persuades New York Court to Reject New Theory of Liability Against Pharmaceutical Innovators

Excerpt from Landmark Revisions to the AAA’s Commercial Arbitration Rules -

The American Arbitration Association’s Rules are among the most widely used rules in the United States. Fred G. Bennett, a partner with Quinn Emanuel’s Los Angeles office and the chair of the U.S. Arbitration Practice, was head of the AAA task force that, working with AAA executives, recently developed significant revisions to the rules. The task force’s project was an ambitious, multi-year drafting effort based on input from the most eminent arbitration practitioners and arbitrators in the country. Reflecting this process, the revisions to the Rules were aimed at addressing the interviewees’ requests for a more streamlined, cost-effective, and structured process. The revised Rules encourage a process that keeps the ball rolling—focusing the parties on the issues that matter to resolve a dispute in an economical and expeditious manner. Good-faith engagement is a central theme to the revisions. In this article, we discuss the more notable changes and how they might impact parties utilizing the revised Rules.

Please see full issue below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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