Arbitration is at the Root of all Evil, According to the New York Times By George H. Friedman* An ongoing multi-part series in the New York Times on its “investigation” of and “exposé” on arbitration seemingly blames arbitration for pretty much everything bad going on in the world. As an arbitrator, arbitration expert, law professor,…
By George H. Friedman* (Originally posted here) For most of my fourteen years as FINRA’s Director of Arbitration, I perceived myself to be tilting at windmills trying to make the case that FINRA’s arbitration program was the fairest consumer arbitration program is existence. I won’t bore readers by repeating here the many facts backing up…
By George H. Friedman* Repost from Securities Arbitration Commentator blog While he prays he is not correct, the author fears that … both the stock and bond markets will crash at the same time. Thereafter, as has happened in the past, FINRA will be inundated with crash-related claims. Case filings will ultimately break the old…
By George H. Friedman* Just yesterday, I blogged “Deflategate” – the Court has Ruled – Now What? where I offered my views on the federal court’s ruling on “Deflategate.” To review, the court reversed National Football League Commissioner Roger Goodell’s arbitration decision upholding New England Patriots quarterback Tom Brady’s four-game suspension. Having spent the holiday…
By George H. Friedman* By now, football fans know that a federal court has just ruled on “Deflategate,” nullifying National Football League Commissioner Roger Goodell’s arbitration decision upholding New England Patriots quarterback Tom Brady’s four-game suspension. So, what’s next? Having read judge Berman’s 40-page decision, let me offer this very quick and high level analysis….