Hasbro, Inc. v. Catalyst Usa, Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
DIANE P. WOOD, Circuit Judge.
Although companies often choose arbitration with the hope of avoiding the (presumed) greater time and expense of litigating in court, that was not the fate of the parties in this case. Hasbro, Inc. and Catalyst USA, Inc. waited more than two years for a final award from an arbitration panel that was adjudicating a dispute between them about a software license. After the award was finally issued, the losing party, Catalyst, asked the district court to vacate the arbitral award. The court agreed that this was appropriate on the ground that the arbitrators had…
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