Alabama Arbitration Agreement Between Operator and Nonoperator

State:
Multi-State
Control #:
US-OG-722
Format:
Word; 
Rich Text
Instant download

Description

This agreement is used when questions, differences, or disputes arise with regard to any of the Operator and Nonoperator agreements or the operations of the Leases.
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FAQ

An arbitration provision is unenforceable if the contract violates public policy or precludes a party from recovering in arbitration what would be otherwise available in civil court. In Shotts v. OP Winter Haven, Inc., 86 So.

A party is deceived, intimidated, or coerced during the execution of the arbitration agreement and requests a declaration that such arbitration agreement is invalid; and. The arbitration agreement violates prohibitions specified by the law.

Outokumpu Stainless, USA, LLC,[7] the Supreme Court held that a non-signatory may move to compel arbitration even when the arbitration must be conducted pursuant to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the ?New York Convention?) because it involves foreign nationals.

Although arbitration is encouraged as a preferred method of resolving disputes, arbitration agreements may be deemed unenforceable by courts where they are found to violate basic contract principles or exhibit traits of unconscionability. Armendariz v. Foundation Health Psychcare Services, Inc.

More often, courts are asked to enforce an arbitration agreement with the filing of a motion to stay a lawsuit.

Refusing to participate in an arbitration will not prevent an arbitration award against that party once it has agreed to arbitrate. Given courts' great deference to arbitration awards, it is essential for a respondent to present its defense on the merits during the arbitration.

The court noted that under California law, a non-signatory to an arbitration agreement may be compelled to arbitrate under two circumstances: (i) if its claims are ?dependent, on or inextricably intertwined? with the underlying contractual obligations of the agreement containing the arbitration clause; or (ii) if it ...

Arbitration can only take place if both parties have agreed to it. In the case of future disputes arising under a contract, the parties insert an arbitration clause in the relevant contract. An existing dispute can be referred to arbitration by means of a submission agreement between the parties.

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Alabama Arbitration Agreement Between Operator and Nonoperator