Servotronics on Certiorari Petition: “Never Mind!” But Badgerow Oral Argument is Now Set  
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By George H. Friedman, SAA Publisher & Editor-in-Chief

Just a month out from oral argument, Servotronics has notified the Court that it is dismissing its Certiorari Petition.

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NY Trial Court: Objecting to FINRA Jurisdiction but Participating in Arbitration Not Enough to Vacate Award
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By George H. Friedman, SAA Publisher & Editor-in-Chief

A financial adviser who noted his continued objections to FINRA Dispute Resolution Services’ (“DRS”) jurisdiction but otherwise participated in the arbitration cannot later challenge the Award under New York’s arbitration statute.

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Fifth Circuit Applies “Look Through” Standard to Removal of Case Seeking to Vacate FINRA Award Under FAA
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The Fifth Circuit holds that the District Court was correct when it applied the “look through” standard to determine that it had jurisdiction to remove a State Court action to vacate an Award.

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Certiorari Granted in Eleventh Circuit Case Holding that Non-Signatory Party Cannot Compel Arbitration Under the NY Convention
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On the Term’s last day, SCOTUS on June 28 granted Certiorari in an arbitration-centric case. As we reported in SAA 2019-15 (Apr.

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More on SCOTUS’ 5-4 Holding in Home Depot that Third-Party Counterclaim Defendants Can’t Remove a Class Action
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As promised, here’s a more detailed analysis of the Supreme Court’s Home Depot decision that the term “defendant,” as used in the general removal statute and in the class action removal statute,

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SDNY Defines FINRA “Customer” – Again: Deutsche Bank Securities, Inc. v. Roskos
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By Christopher G. Lazarini

Absent an arbitration agreement, a person seeking to compel a FINRA member to arbitrate as its “customer” must (1) have an account with the FINRA member or (2) have purchased goods and services from the FINRA member.

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