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Arbitration
We have often arbitrated disputes, particularly in securities and contract cases. We have participated in proceedings administered by the American Arbitration Association, the National Association of Securities Dealers and the New York Stock Exchange. Representative proceedings include:
Adams v. Securities America and David McFadden. Obtained an award of $22 million, one of the largest awards ever made in an NASD arbitration, on behalf of 32 Exxon Mobile retirees. This victory was covered extensively by the media including the Wall Street Journal, Reuters News Agency, the Associated Press, The Baton Rouge Advocate and others.
Choice Foundation v. Mosaica Education, Inc. Represented Choice Foundation, a non-profit organization formed for the purpose of overseeing a New Orleans charter school for impoverished inner-city children formed after Hurricane Katrina, against Mosaica Education, Inc., a private entity that runs schools for a profit. After terminating its contract with Mosaica, Choice initiated an arbitration proceeding against Mosaica seeking a declaration that it was justified in terminating the contract and money damages for Mosaica’s multiple breaches of the contract. Following an arbitration hearing, the arbitrator issued an award in favor of Choice, finding the termination of the contract to be lawful and effective, awarding damages to Choice in the amount of $250,000, and assessing to Mosaica all administrative fees and expenses of the arbitration.
New Orleans Saints v. SMG, et al. Defended manager of the Superdome against Saints' efforts to terminate its lease of the Louisiana Superdome.
Sugar Bowl v. Louisiana Stadium & Exposition District. Defended Superdome against allegations of breach of lease by the Sugar Bowl.
Forest Isle Apartments v. Orkin. Represented apartment owner in suit resulting from termite damage to 800-unit apartment complex. Obtained $1.75 million award.
SMG v. New Orleans Brass. Represented manager of new arena complex in multi-issue litigation with its then principal tenant.
Shepherd v. Hancock Securities. Obtained substantial arbitration award for customer of brokerage firm.
ISS Marine Services, Inc. v. RioGroup, LLC. Represented RioGroup in suit to enforce its right to receive second million dollar installment from ISS Marine pursuant to its sale of its interest in a business venture it previously operated with ISS Marine. Previously successfully defeated ISS Marine's request for preliminary injunction with respect to alleged breaches by RioGroup of non-competition provisions in the sale agreement.
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