X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Supreme Court building. February 7, 2007. Credit: Diego M. Radzinschi/LEGAL TIMES.

Congress enacted the Federal Arbitration Act (FAA) in 1925 to ensure the validity and enforcement of arbitration agreements, thereby encouraging resolution of disputes outside of the court system. Under the FAA, “arbitration is a matter of contract, and courts must enforce arbitration contracts according to their terms.” Rent-A-Center, West v. Jackson, 561 U.S. 63, 67 (2010). The Supreme Court has recognized that the FAA reflects a Congressional intent to enact “a national policy favoring arbitration.” Southland Corp. v. Keating, 465 U.S. 1, 10 (1984). New York law is in accord. As the New York Court of Appeals has stated: “the announced policy of [New York] favors and encourages arbitration as a means of conserving the time and resources of the courts and the contracting parties.” Nationwide Gen. Ins. Co. v. Inv’rs Ins. Co. of Am., 37 N.Y.2d 91, 95 (1975).

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.