The court determined that arbitrators violated due process by failing to delay proceedings. An attorney, who was not involved in the matter, says it’s highly unusual for a court to vacate an arbitration panel’s decision.
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The U.S. Court of Appeals for the Ninth District has ruled that former JP Morgan Chase broker Bradley Sayre will get a second chance to arbitrate his wrongful dismissal. So reports AdvisorHub.
The court determined that arbitrators violated due process by failing to delay proceedings. An attorney, who was not involved in the matter, says it’s highly unusual for a court to vacate an arbitration panel’s decision.