The Connecticut General Assembly is now in full swing and considering all manner of things that have vital implications for our state. Serving as a background for virtually everything is the much-discussed, discouraging financial reality facing the state. Deficits, budgetary shortfalls and the need to cut back in many areas appear to be influencing so many decisions. One bill that is being considered this year, as in recent sessions, is the Revised Uniform Arbitration Act (RUAA). A number of arguments speak to the adoption of the RUAA, but this year—especially this year, when financial restrictions pose such a stark backdrop—a careful consideration of the proposal is vitally important.
The Judicial Branch is dealing with some of its harshest financial restrictions in many years, and the situation shows no signs of quick improvement. Thus, all the more reason to allow the long-established and well-respected institution of arbitration to be available to produce its promised benefits of efficiency and cost savings.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
