The Delaware Rapid Arbitration Act (“DRAA”) was signed into law on April 2, 2015 and became effective on May 4, 2015. The DRAA is available as an alternative to litigation, providing for a quicker and cheaper way to solve a dispute among business entities. Continue reading
The U.S. Supreme Court issued a ruling backing the validity of arbitration clauses and reaffirming the application of the Federal Arbitration Act, vacating a previous Oklahoma Supreme Court decision that had disregarded a valid arbitration clause. Read the Market Alert to learn more.