The Delaware Rapid Arbitration Act: Four Elements for a Better Arbitration

May 2016


On April 2, 2015, Delaware Governor Jack Markell signed into law the DelawareRapid Arbitration Act (“Act”). This Act allows for alternative dispute resolutionconsistent with arbitration’s origins as a rapid and efficient means of resolving disputes.The Act responds to growing complaints by Delaware’s companies about theincrustation of costs and delays onto non-judicial dispute resolution. The Act is theproduct of the collaboration of practitioners in Delaware, including members of this Firm,led by Delaware’s Chief Justice, Leo E. Strine, Jr., Delaware’s Chancellor, Andre G.Bouchard, and the Secretary of State, Jeffrey W. Bullock.

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