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What Leasing Counsel Need to Know About Arbitration

By Charles F. Forer
February 27, 2007

Part Two of a Two-Part Series

Part One of this series analyzed the consideration that leasing counsel should give to discovery, locale selection, confidentiality, and expediting the arbitration process. This month's installment discusses issues relating to arbitrator-selection.

Good Corp. and Bad Corp. are locked in a dispute regarding a lease for medical imaging equipment. The lease agreement says that Good Corp. and Bad Corp. must arbitrate their dispute. However, the lease agreement does not provide any details about the arbitration resolution process.

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