Legal Opinion · Dissent
Broom v. Morgan Stanley DW, Inc.
Washington Supreme Court
Decided July 22, 2010No. 82311-1Published
1DissentMadsen, C.J.
¶31 (dissenting) — The majority fails to give effect to the parties’ contractual agreement to arbitrate under the National Association of Securities Dealers (NASD) Code of Arbitration Procedure (Code). The problem with the majority’s approach is that NASD Code section 10304 expressly addresses time limitations and NASD Code section 10324 expressly grants the power to the arbitrators to interpret and apply all provisions under the NASD Code. The arbitrators had the authority to interpret the parties’ contractual agreement to arbitrate. Rather than permitting the arbitrators to exercise their…
2Cases cited22 opinions
- Howsam v. Dean Witter Reynolds, Inc.Supreme Court of the United States · 2002
- Southland Corp. v. KeatingSupreme Court of the United States · 1984
- Buckeye Check Cashing, Inc. v. CardegnaSupreme Court of the United States · 2006
- Stolt-Nielsen S. A. v. AnimalFeeds International Corp.Supreme Court of the United States · 2010
- Preston v. FerrerSupreme Court of the United States · 2008
17 more not listed; retrieve them via the Exa API.