Would a court uphold the award

Assignment Help Project Management
Reference no: EM131272712

McGraw and Duffy have a contract that includes a binding arbitration clause. The clause provides for arbitration of any dispute arising out of the contract. The clause also provides that the arbitrator is authorized to award damages of up to $100,000 in any dispute arising out of the contract. McGraw allegedly breaches the contract.

Duffy seeks arbitration, and the arbitrator, given the willfulness of the breach and the magnitude of its consequences, awards Duffy $150,000 in damages. Would a court uphold the award? Why or why not?

Reference no: EM131272712

Questions Cloud

Why is eberly likely or unlikely to have award overturned : Boxley Corporation and Eberly Corporation have a contract dispute before an arbitrator. - Why is Eberly likely or unlikely to have the award overturned?
Explain why the use of adr is increasing : Explain why the use of ADR is increasing.- When will a judge overturn an arbitrator's decision?- Explain how to secure arbitration as a means of resolving a dispute.
Present a plan to transform the organization : Think of an organization you which you are very familiar; I selected United Airlines [or Aetna Health Care]. Diagnose the need for change and present a plan to transform the organization, utilizing Kotter's 8-Step Approach.
Type of cultural identifiers have you used : What type of cultural identifiers have you used or heard others use? What impact can these identifiers have in the workplace. Provide an example.
Would a court uphold the award : McGraw and Duffy have a contract that includes a binding arbitration clause.- Would a court uphold the award? Why or why not?
Facing a decrease in membership : Lately, unions are facing a decrease in membership. Giving the current and the future economic trends, what do you think will be the future of unions? Do you consider joining one? Why or why not? Given their historical initial purpose, are they re..
Describe the target population and setting : Describe how the selected problem applies to advanced practice in the student's role option. Provide an appropriate health promotion/disease prevention theoretical or conceptual framework. Provide a review of literature related to interventions that ..
Process of progressive discipline : MediaTxt Corp. is an organization that follows the process of progressive discipline. The organization communicates with Leila, an employee, about unacceptable behavior and responds to a series of her offenses. Which of the following would be the ..
How can the parties secure arbitration : Sam and Mary enter into a contract that does not include a provision for arbitration.- How can the parties secure arbitration?

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd