High Court Nixes Class Arbitration In Stolt-Nielsen Case
By Ben James (April 27, 2010, 4:46 PM EDT) -- The U.S. Supreme Court ruled in favor of petitioners including Stolt-Nielsen SA on Tuesday in a closely watched antitrust case that could have broad effects on arbitration, holding that imposing class arbitration on parties that haven't agreed to class arbitration conflicts with the Federal Arbitration Act.
In a 5-3 decision delivered by Justice Samuel Alito, the nation's highest court reversed a panel decision by the U.S. Court of Appeals for the Second Circuit, which had confirmed an arbitration panel's ruling that gave Animalfeeds International Corp. a green light to pursue class arbitration against several shipping companies over alleged price-fixing.
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!