In this issue:
- CFTC Extends No-Action Relief for Certain Transactions and Trading Platforms
- NFA Issues a Notice Regarding Segregated Account Balance Reporting
- CME Group Introduces Self-Match Prevention
- US Supreme Court Defers to Arbitrator’s Decision to Allow Class Arbitration in Healthcare Action
- Delaware Court of Chancery Appoints Receiver to Ensure Stockholders’ Meeting
- Excerpt from: US Supreme Court Defers to Arbitrator’s Decision to Allow Class Arbitration in Healthcare Action:
The US Supreme Court affirmed a ruling by the US Court of Appeals for the Third Circuit upholding an arbitrator’s decision that a contract provided for class arbitration. The Court held that where parties consent to arbitrate an issue, neither party can challenge an arbitrator’s decision on fact or law if the arbitrator made a good-faith effort to interpret the contract.
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Topics: Arbitrators, CFTC, Class Arbitration, No-Action Relief, SCOTUS, SEC, Shareholders
Published In: Alternative Dispute Resolution (ADR) Updates, Civil Procedure Updates, General Business Updates, Finance & Banking Updates, Securities Updates
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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