$1.2 Million JAMS Arbitration Award
Banks Law learned this week that we prevailed on all major issues in a hotly contested 8 day JAMS (Judicial Arbitration and Mediation Services) arbitration we tried in New Orleans in February. The case involved the operation and management of an investment advisory firm and a hedge fund. The total award exceeds $1.2 million, plus costs and attorney fees. We worked closely with our Western Alliance colleague and friend, San Francisco attorney Cary S. Lapidus, who did an outstanding job.