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Nebrig Addresses FINRA with Westlaw

Westlaw Journal Derivatives
December 2013

Charlotte Litigation Member Mark Nebrig was quoted in Westlaw Journal Derivatives, Volume 20, Issue 2, on December 18.  In the article, “Regulators seek to curb Wall St. trades with Volcker rule,” Nebrig provided input on the Goldman Sachs & Co. v. North Carolina Municipal Power Agency Number 1 decision and its impact on future FINRA arbitration litigation.  The piece also published on the Thomson Reuters’ The Knowledge Effect blog on December 17.

“’In practice, the decision follows prior cases that have defined the import and effect of mandatory language in forum-selection clauses, so any contracting party in the Southern District that agrees to a clause with such language should not confidently expect to retain a fight to arbitrate through FINRA elsewhere,’” Nebrig stated.