When business disputes arise, parties often agree contractually to resolve them through arbitration. Arbitration promises faster, more cost-effective and confidential resolutions than traditional litigation. However, there are potential downsides: parties generally cannot seek to overturn unfair or incorrect decisions; discovery is limited; and parallel and/or enforcement proceedings in court are still possible.
Olshan routinely arbitrates claims both on the claimant and respondent side, and has been engaged in arbitrations in virtually all major commercial and financial sectors, including major contracts, real estate, employment matters, and banking and securities arbitrations. As a result, we are skilled in the judicious use of arbitration, and extensively familiar with its procedural and substantive elements.
AAA Matters
Our Litigation attorneys have pursued claims before numerous arbitral bodies, including JAMS and the American Arbitration Association (AAA) and its International Centre for Dispute Resolution. These claims have involved major contracts, licensing agreements, financial agreements, real estate disputes, construction, insurance, and executive employment matters. Reflecting their extensive experience in this area, some of our litigation attorneys regularly serve as arbitrators in AAA matters.
FINRA Matters
Several of our securities arbitration attorneys have substantial experience handling financial arbitrations conducted by the Financial Industry Regulatory Authority (FINRA). We have represented a broad range of individuals and institutions in FINRA and other securities arbitrations, including those involving customer claims, disputes between brokerage firms, and employment or “raiding” cases.