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Three Is The Magic Number: Courts Cannot Authorize Panel of Five Arbitrators When Contract Specifies Three

By Liz Kramer on August 7, 2012
Posted in Arbitration Rules/Procedures

In a dispute over how faithful a court must be to the parties’ arbitration agreement when it is asked to resolve an impasse in arbitrator selection under Section 5 of the FAA, the Fifth Circuit decided the court must give effect to the letter of the agreement, even if that defies its spirit.

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ArbitrationNation was started by Liz Kramer in 2011. It has been repeatedly recognized as one of the best legal blogs in the nation.

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