The 5th U.S. Court of Appeals rarely lets parties out of contracts that mandate that their disputes must be settled through binding arbitration. That could turn out to be true even for the federally appointed receiver who's seeking to recover the allegedly fraudulently transferred assets of convicted financier R. Allen Stanford and his related companies.
The background to the case, according to the 5th Circuit's Aug. 30 per curiam decision in Ralph S. Janvey v. James R. Alguire, et al., is as follows.
