Such arrangements were allowed by the province's 1991 Arbitration Act and could carry the force of law.

ECONOMIST: Faith, law and democracy: Defining the limits of exceptionalism | The

This is yet another challenge to the Federal Arbitration Act, a law Congress intended to encourage arbitration instead of expensive court battles.

FORBES: Patents, Profanity Top Supreme Court's Fall Docket

The main restrictions on arbitration clauses have to do with the convenience of the arbitration location and whether it honors U.S. law.

FORBES: Supreme Court Asked: Are Class Actions Sacred?

Ask any lawyer who has represented investors in industry arbitrations or an investor if the arbitration system is preferable to a court of law.

FORBES: SEC Commissioners Wanted: Plaintiffs Lawyers and Consumer Advocates Need Not Apply (Sept 10,2010 )

The board also will oversee dispute resolution between retailers and union representatives, which will be subject to arbitration with decisions enforceable in a court of law in the country of the retailer.

WSJ: Wal-Mart Announces Own Bangladesh Safety Plan

The law was designed to rein in judges who had repeatedly ignored contracts requiring arbitration, perhaps out of a deep-seated aversion to ceding control over litigation.

FORBES: Supreme Court Shows Skepticism About Class Arbitration

Long before there was an American Arbitration Association, antagonists in business and the professions who feared the abstrusities of law courts had a different means of alternative dispute resolution:the duel.

FORBES: Forget those depositions. Let's duel.