Shearman & Sterling’s US International Arbitration Digest (US IA Digest) provides a centralized resource for newly released decisions issued by US courts.
Court of appeals reversed district court’s partial denial of motion to compel arbitration and ordered arbitration of all claims, finding that a “broad” arbitration clause covered state-law usury claims, state and federal financial-disclosure claims, and state-law unjust enrichment claims.
Court of appeals affirmed district court judgment compelling arbitration finding, inter alia, that forum selection clause did not waive right to arbitrate under FINRA Rule 12200.
Court granted unopposed petition to confirm arbitral award, treating it as akin to a motion for summary judgment and finding no genuine issue of material fact precluding confirmation.
Court of appeals affirmed district court judgment vacating an arbitral award that reformed the contract, finding that the arbitration agreement did not grant the arbitrator the power to decide reformation.
Court granted motion to compel arbitration, finding that respondent had the capacity to execute the arbitration agreement and that the agreement was not unconscionable.