He cited a disagreement with the union over arbitration rules for teachers and his concern that agreements across the state would expire after one year, which he said rendered them essentially toothless because it takes at least two years of bad evaluations before districts can quickly fire a tenured teacher.

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There are established rules and arbitration procedures for dealing with investor complaints related to brokerages or mutual funds.

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Easily navigated segments reveal official mission statements, procedures, rules, financing, arbitration, and a FAQ.

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The letter said the company would pursue arbitration under U.N. rules if the matter wasn't resolved by Nov. 15.

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Of course, in order to come up with some possible explanation requires me to take on the role of a contestant on a quiz show, which ought not be the game rules for a FINRA Arbitration Decision.

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The hearing panel agreed, but said the Federal Arbitration Act prevented FINRA from enforcing those rules.

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"When arbitration is conducted it is done according to the rules, " he said.

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The 100-plus page agreement now being drafted reportedly covers such areas as profits repatriation and rules covering tax, labor, accounting, insurance, arbitration and other areas for Soviet-American ventures.

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If the court rules against Italian Colors, it could open the door to more widespread use of arbitration clauses that ban class actions, possibly even including changes in corporate bylaws to preclude securities class actions.

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