Sentences with phrase «arbitration rulings even»

It also allows investors to choose the applicable law, and Moroccan courts will enforce arbitration rulings even if these have not been decided under Moroccan law,» he says.

Not exact matches

It's one of the single most feared (or even loathed) provisions of the Department of Labor's fiduciary rule for a large financial institution, because it dramatically raises the stakes of a potential systemic failure to fulfill the firm's fiduciary duty to clients, outside the relative safety of one - advisor - at - a-time arbitration (especially industry - friendly FINRA arbitration).
Union members may sue their employers in discrimination cases even if their labor contracts contain general language requiring such disputes to be submitted to arbitration, a unanimous U.S. Supreme Court ruled last week.
The reason is that there are so many risks: government regulations of short - selling (SEC Rule 204), special government regulations put in place during market panics (e.g. the 2008 SEC ban on short selling financials), forced buy - ins, unlimited losses, debt to the brokerage, interest one is charged for being short which can vary arbitrarily, brokerages could change margin requirements to any arbitrary amount, arbitration clauses, you agree to indemnify the brokerage for anything it did even if it did the wrong thing, some brokerages also do market - making and thus have further incentive to fleece the client, and all the other «screw you» legal language that you agreed to when opening an account.
The effect of this ruling is that even where a contract provides for arbitration in London and is subject to English law, if proceedings arising out of that contract are brought in the court of another European member state, the arbitration in England will have to wait until the proceedings in the foreign court have been stayed or jurisdiction has been declined by that court.
Also, an arbitration decision can't be overturned by a court even if it clearly and obviously misstates the facts and applies legal rules that are clearly contrary to the law.
Even where the composition of the tribunal or the procedure was valid under the procedural rules of the country where the arbitration took place, courts have denied recognition and enforcement under article V (1)(d) where those elements deviated from the parties» agreement.
Even when it is clear which ethical rules apply, differing cultural and legal backgrounds may mean that lawyers involved in the same arbitration may act differently based on conflicting ideas about what is professional and ethical conduct.
So, if you felt like finding the assignment clause or the choice of law clause or the arbitration section or even what arbitration rules the arbitration section points to, the system could automatically go through and find that information and dump it into a chart or into Excel or into an XML output that you could then pull out using an API.
On the other hand, even though it relies on procedural rules that are essentially the same as those made for arbitrations between private parties, investor - State arbitration differs from typical commercial arbitration.
The Court of Appeal also applied Section 17 (2) which says that, if an arbitration agreement forms part of a main agreement, then the arbitration agreement shall be treated as an independent agreement for the purposes of a ruling on jurisdiction, even if the main agreement is invalid.
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