Arbitration, the Attacks Continue
Wednesday, July 23, 2008Over at PointofLaw.com, we’ve got a post on today’s Senate Judiciary hearing, “Courting Big Business: The Supreme Court’s Recent Decisions on Corporate Misconduct and Laws Regulating Corporations.” Chairman Pat Leahy (D-VT) used the hearing to criticize the “pro-business” Supreme Court on a variety of issues and decisions, including the restraint on punitive damages in the Exxon Valdez ruling. From a political and legislative standpoint, the most interesting element was the attack against pre-dispute arbitration, a congressional priority for the trial bar.
RTTNews has a straightforward account of the hearing here. Mayer Brown has a legislative update on the anti-arbitration bills moving through Congress, focusing on the effects on international arbitration.
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