On behalf of a major financial institution, KYL attorneys Peter Boutin, Neal Robb and Chris Stecher prevailed on a Petition to Vacate a sizable Arbitration Award rendered by a FINRA Panel in 2017. After the case was arbitrated and the Award was issued, KYL was engaged to file the successful Petition. The Superior Court granted the Petition because (1) the Chair failed to make required disclosures, and (2) the Arbitration Panel refused a postponement request in order to obtain material evidence. Following vacatur of the Award, the claimant in the underlying Arbitration appealed. In June 2019, the Second District Court of Appeal heard oral argument, and on June 21, 2019, the Court affirmed the lower court’s decision and awarded KYL’s client its costs on appeal.

The Court of Appeal’s decision is linked here.