Editor’s note: The following column spells out and discusses a hypothetical situation.
“The bad news,” Bob told client Anne, “is that the arbitrator rejected my argument regarding the interpretation of your contract with John.” So started Bob’s odyssey — and Anne’s increasing legal fees — as Bob sought to have a court vacate the arbitration award in favor of John and against Anne in a rather routine contract dispute involving the calculation of a bonus that Anne paid to John, her former employee.
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