Fish Atty’s Hidden Friendship Sinks $22M Texas Award

Law360, New York (June 29, 2011, 4:44 PM EDT) -- A Texas appeals court on Tuesday threw out a $22 million award in a breach of contract arbitration because of a too-close relationship between the arbitrator and a Fish & Richardson PC attorney representing one of the parties.

The Fifth District Appeals Court said Fish & Richardson's Brett Johnson and JAMS Inc. arbitrator Robert Faulkner should have disclosed their decadeslong relationship when Johnson participated as counsel in a Faulkner-run arbitration session.

The two shared pricey meals, went on foursome outings with their spouses, attended NBA games...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.