How carefully do you consider the scope of your agreement to arbitrate? Experience reflects that parties will often negotiate the terms of their business arrangement with care. After reaching an understanding on all substantive matters, however, and impatient to complete their work, they often opt for a cookie-cutter arbitration provision that, subsequently, may not provide the mandatory dispute resolution procedure expected.
Recent cases from Florida and Virginia reflect how inattention to the arbitration provision may later frustrate a party seeking to enforce it.
