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 . . . contract evidencing a transaction involving commerce.” In general, the FAA evidences a national policy favoring arbitration. However, the application of the FAA to various types of arbitration agreements has been the subject of numerous lawsuits. 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 108th Congress that would amend the FAA to ... continued below

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12 Pages.

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Shimabukuro, Jon O. August 15, 2003.

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Description

Enacted in 1925, the Federal Arbitration Act (“FAA”) seeks to ensure the
validity and enforcement of arbitration agreements in any “maritime transaction or
. . . contract evidencing a transaction involving commerce.” In general, the FAA
evidences a national policy favoring arbitration. However, the application of the
FAA to various types of arbitration agreements has been the subject of numerous
lawsuits. 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 108th Congress that would amend the FAA to address the use
of arbitration to resolve employment and specific contract disputes.

Physical Description

12 Pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1970's through the present--covering a variety of topics from agriculture to foreign policy to welfare.

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  • August 15, 2003

Added to The UNT Digital Library

  • June 10, 2005, 9:03 p.m.

Description Last Updated

  • Feb. 15, 2017, 7:46 p.m.

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Shimabukuro, Jon O. The Federal Arbitration Act: Background and Recent Developments, report, August 15, 2003; Washington D.C.. (digital.library.unt.edu/ark:/67531/metacrs3879/: accessed June 29, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.