Bankruptcy court is typically not the preferred venue for a nondebtor to conduct litigation. As a result, the existence of an arbitration clause within a contract giving rise to a dispute with a Chapter 11 debtor can create an invaluable option for the nondebtor litigant. However, though bankruptcy courts will generally honor a right to arbitration, it must be timely raised and pursued to avoid losing it.
TheLegalIntelligencer.com
View this post on my blog: http://onlinefindlawyers.com/find-lawyers/bankruptcy-update-arbitrating-bankruptcy-disputes-pursue-timely-or-risk-losing-rights.html
没有评论:
发表评论