State Law Reins In Calif.-Governed Arbitration Agreements

Law360, New York (October 10, 2012, 5:09 PM EDT) -- A California appeals court held Tuesday that courts may refuse to enforce arbitration agreements governed under California law if doing so would result in conflicting rulings with related litigation, denying one investment management company's bid for arbitration in a professional negligence suit.

A three-judge panel affirmed, without prejudice, a trial court’s decision to deny arbitration to Oakwood Capital Management LLC, but reversed the the court’s denial to TD Ameritrade Inc., in a lawsuit brought by Irene Mastick over bad advice she allegedly received regarding how she...
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