Parties who have entered into a valid arbitration agreement understand that under the Federal Arbitration Act (FAA), the matter generally must be resolved through arbitration rather than court litigation. Only after such resolution may they seek enforcement of the arbitration award or other relief in court.
But what if a party is unable to pay the costs of the arbitration? Conversely, what if a party has the financial wherewithal, but simply refuses to pay? May the arbitration be dismissed by the arbitrator; and, if dismissed, may a court, nonetheless, consider the dispute on the merits?
This content has been archived.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]
