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UDRP proceeding not 'arbitration' under Federal Arbitration Act
A dispute resolution proceeding under ICANN's Uniform Domain Name Dispute Resolution Policy (UDRP) is not entitled to the highly deferential standard of judicial review set forth in the Federal Arbitration Act (FAA). Dluhos v. Strasberg, No. 01-3713 (3rd Cir. Feb. 20, 2003). The Third Circuit held that the district court improperly applied the FAA in dismissing the appellant's challenge to a UDRP decision, finding that a UDRP proceeding is not an 'arbitration' under the FAA because it is not a binding proceeding likely to 'realistically settle the dispute.' In this regard, the court noted the 'relative hollowness' of UDRP outcomes, as well as that UDRP proceedings were never intended to replace formal litigation.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.