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Arbitration Award Against Wachovia Securities in Derivium Capital Ponzi Case

The latest buzz in the Ponzi world is over the $852,000 arbitration award that former Congressman Alan Grayson won against Wachovia Securities on April 3, 2012. Grayson lost money in the Derivium Capital Ponzi scheme and sought damages of $28 million to $77 million on a variety of claims against...

Lawniczak on a Bankruptcy Party's Right to Arbitration

EXCERPT (note-links to statutes below are accessible by lexis.com subscribers) : When Is a Party in a Bankruptcy Case Entitled to Arbitration? In general, agreements to arbitrate are enforceable. There is an exception when the purpose of a congressional act, such as title 11 of the United States Code...