The Federal Arbitration Act: Background and Recent Developments

Description:

Enacted in 1925, the Federal Arbitration Act (“FAA”) seeks to ensure the
validity and enforcement of arbitration agreements in any “maritime transaction or
a contract evidencing a transaction involving commerce.” This report provides a brief legislative history of the FAA, as well as a review
of selected cases that have interpreted the FAA. The report also discusses bills
introduced during the 107th Congress that would amend the FAA for various
purposes. Of the nine measures that have been introduced, five bills would amend
the FAA to address arbitration and employment disputes. The remaining bills
address arbitration in motor vehicle franchise contracts and arbitration and consumer
credit contracts.

Creator(s): Shimabukuro, Jon O.
Location(s): United States
Creation Date: June 17, 2002
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Creator (Author):
Shimabukuro, Jon O.

Legislative Attorney

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: June 17, 2002
Coverage:
Place
United States
Description:

Enacted in 1925, the Federal Arbitration Act (“FAA”) seeks to ensure the
validity and enforcement of arbitration agreements in any “maritime transaction or
a contract evidencing a transaction involving commerce.” This report provides a brief legislative history of the FAA, as well as a review
of selected cases that have interpreted the FAA. The report also discusses bills
introduced during the 107th Congress that would amend the FAA for various
purposes. Of the nine measures that have been introduced, five bills would amend
the FAA to address arbitration and employment disputes. The remaining bills
address arbitration in motor vehicle franchise contracts and arbitration and consumer
credit contracts.

Physical Description:

12 Pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text