Arbitration Ban Applied Retroactively
A Massachusetts court recently ruled that a provision in last year’s Dodd-Frank Wall Street legislation retroactively overrides the Sarbanes-Oxley Act‘s mandatory arbitration for SOX Act claims.
Rather than try to sum up the decision in my own confusing words, I found a very clear and concise summary and explanation of the case at this link: District Court: Dodd-Frank Arbitration Ban for Sarbanes-Oxley Whistleblower Cases Applied Retroactively
This Just Seems Like a Terrible Idea
I found an article the other day about a new, online alternative to litigation. The site, JabberJury.com, allows parties to explain their dispute online and then allows a jury of their online peers to decide the outcome.
Have the makers of this site ever spent any time on the internet? A jury of your peers in a courtroom, with imposed decorum, is nothing like the avatar-anarchy which exists on the internet. But maybe I’ve been trolled too many times to have any faith in the internet. What do you think, is this a progressive implementation of technology? Or is this just an idealistic vision that is doomed to fail?
Read the article here.