Fourth Circuit’s Reinstatement of $1.2 Million Award Highlights Risk of Arbitration Agreements
On February 24, 2022, the Fourth Circuit restored a $1,186,975.00 arbitration award for a North Carolina securities wholesaler (“Warfield”) who alleged that his former employer ICON Advisers Inc. (“ICON”) unlawfully fired him without cause. Warfield v. Icon Advisers, Inc., No. 20-1690, __ F.4th__, 2022 WL 552029, (4th Cir. Feb. 24,
COVID 19 Shutdown Not Covered Under Insurance Policy
In the case, Steven Baker v. Oregon Mutual Insurance Co., 21-51097, the Ninth Circuit joined other appellate courts in finding that restaurants were not entitled to insurance coverage for losses due to the COVID-19 pandemic shutdowns. A panel of judges affirmed a district court opinion that the pandemic and pandemic-related shutdown orders did
New Law Negates Mandatory Arbitration Agreements for Claims of Sexual Assault or Sexual Harassment
On March 3, 2022, President Biden signed into law the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021 (the “Act”). The Act voids pre-dispute arbitration agreements that require a party to arbitrate sexual assault or sexual harassment claims. As a result, it is now unlawful throughout
