Law Practice
Jun. 6, 2009
$4 Billion Award May Be Record in Arbitration Case
A Los Angeles County judge has signed off on a $4.1 billion arbitration award to the former employee of a large voice communications company, marking what is believed to be the largest arbitration award ever for an employment dispute.
Special to the Daily Journal LOS ANGELES - A Los Angeles County judge has signed off on a $4.1 billion arbitration award to the former employee of a large voice communications company, marking what is believed to be the largest arbitration award ever for an employment dispute. The JAMS award could lead employers to reconsider arbitration agreements that have become standard in employee contracts, attorneys said. Arbitrator Wi...
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