Partner Cannot Avoid Arbitration in Shareholder Suit Against Former Firm, State Appellate Court Says

“We agree with the defendants that the arbitrator selection language is not ambiguous and allows the three parties at issue in this case to each select his or her own arbitrator and the three chosen arbitrators must select the fourth arbitrator,” the court said.

       

“We agree with the defendants that the arbitrator selection language is not ambiguous and allows the three parties at issue in this case to each select his or her own arbitrator and the three chosen arbitrators must select the fourth arbitrator,” the court said.