The COVID-19 pandemic has not only affected in-person court hearings, but has similarly affected the arbitration world as well. In-person arbitration hearings are now difficult to hold, owing to travel restrictions and the difficulty in safely conducting face-to-face hearings. The arbitration world is rapidly adapting. The Arbitration Institute of the Stockholm Chamber of Commerce, one …
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HighQ Powers New Ad Hoc Platform for Arbitration Institute of the Stockholm Chamber of Commerce
The Arbitration Institute of the Stockholm Chamber of Commerce is one of the largest arbitral institutions in the world and administers around 200 cases per year, some involving sums in the tens of billions of Euros. Thomson Reuters and the SCC announced that SCC is offering parties and tribunals the opportunity to use the SCC’s …
Practical Considerations Regarding Class Action Waivers in Arbitration Agreements
After the Supreme Court decision in AT&T Mobility LLC v. Concepcion, 563 U.S. 333 (2011) – which held that class action waivers in arbitration agreements are valid under the Federal Arbitration Act (“FAA”) – companies rushed into class action waiver arbitration agreements without heeding the proverb, “Look before you leap.” While avoiding class actions is …