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The Risks of Arbitration Clauses

 

Understand what using an arbitration clause means in practice.

Arbitration has a long history in the United States and international context for the resolution of commercial disputes. Arbitration has many proponents and many detractors. Many commercial form agreements default to arbitration, but the parties may have a limited understanding of the benefits and potential pitfalls of this method of dispute resolution. This topic will address the fundamental benefits and differences between arbitration and litigation. In addition, the presentation will provide a broad overview of the common pitfalls and risks of using arbitration to resolve your disputes. This presentation will provide a solid foundation for you to understand what using an arbitration clause means in practice.

Agenda

Faculty

Michael Jay Rune, II

Michael Jay Rune, II

Carlton Fields, P.A.

  • Shareholder with Carlton Fields
  • More than 25 years of experience representing owner/developers, contractors, sureties, subcontractors, and suppliers in nearly all aspects of the construction industry and large-scale commercial construction projects
  • Has handled construction, surety, fidelity, and related insurance matters as well as mortgage fraud recovery through mediation, arbitration, and litigation in state and federal courts and mediates commercial and construction matters in Florida
  • Has represented clients in crane, scaffolding, and structural collapse cases
  • Known for his hard-hat approach to construction, spending time at construction sites and working with project managers and construction workers to gain firsthand knowledge of the construction industry and what goes on in the field
  • Published author and frequent speaker on issues important to the construction and fidelity industries
  • Recognized by Lorman Education Services for his above-benchmark customer course ratings and received the 2017 Platinum Distinguished Faculty Badge
  • Author of the International Association of Defense Counsel’s Annual Survey of Fidelity and Surety Law (1997–2004), and co-author of Liability and Performance Bond Surety in The Law of Performance Bonds (ABA 1999)
  • Board certified in construction law by The Florida Bar and a Supreme Court of Florida Certified Circuit Civil Mediator
  • J.D. degree, Samford University Cumberland School of Law; B.A. degree, cum laude, University of Texas at Austin

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