NJ High Court Voids Arbitration Clause Asserted After Delay

Law360, New York (August 14, 2013, 7:40 PM EDT) -- The New Jersey Supreme Court on Wednesday invalidated an arbitration clause in an employment contract, ruling that a health care company waived its right to arbitrate a terminated employee's claim by litigating the matter for 21 months and invoking the clause only days before trial.

New Jersey's high court unanimously ruled that Liberty Anesthesia Associates LLC could not bind its former employee, Karen Cole, to an arbitration clause included in her employment contract because the company litigated the matter for so long before invoking it. A...
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.