8th Circ. Won't Let Firm Avoid Arbitrating Oil Spill Money Fight

Law360 (January 12, 2021, 7:37 PM EST) -- The Eighth Circuit on Tuesday declined to let an Arkansas law firm keep litigating its attempt to be cleared from allegations it wrongfully withheld funds from a client's Deepwater Horizon payout that were promised to a litigation financing company, which are the subject of a separate arbitration.

In a published opinion, a unanimous panel upheld a finding that Parker Law Firm and attorney Timothy Steven Parker can't avoid New York state court-ordered arbitration with PS Finance LLC by accusing the company of voiding the financing agreement. The panel affirmed an Arkansas federal court's dismissal of Parker's suit over the financing agreement. ...

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