Seal of the Third District Court of Appeal. A New Ruling Could Make Arbitration More Expensive, Stearns Weaver Says
Eugene Stearns: "The ruling fundamentally changes the law on judicial review of arbitration awards."
July 02, 2024 at 01:27 PM
4 minute read
Litigation
What You Need to Know
- The Third District Court of Appeal vacated an arbitration award that was entered against the appellant Ferraro Law Firm for legal malpractice.
- The appellee is seeking a rehearing, clarification and a rehearing en banc, in a case that pits legal counsel from Stearns Weaver against Boies Schiller Flexner.
- Appellee's counsel said the implications of the ruling include an increase in cost and complexity of arbitrations.
In seeking en banc review, attorneys are telling Florida's Third District Court of Appeal that its prior ruling laid "a minefield of uncertainty and will open the courthouse doors to countless challenges to arbitration decisions that, prior to the opinion, were barred as a matter of law."
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