Minimizing the Impact of Defaults in Commercial Arbitration

Payment defaults in arbitration are problematic because, unlike courts, arbitrators disfavor default judgments due to due process concerns, and parties typically split arbitration fees, making ...
JD Supra

Bankruptcy in Brief: U.S. Supreme Court Rules that Requests to Set Aside Void Judgments Must Be Made Within a "Reasonable Time"

Rule 60(a) of the Federal Rules of Civil Procedure ("Fed. R. Civ. P.") provides that a federal court can, on the request of a litigant or its ...
JD Supra

Alter Egos and the Default Judgement Problem: A New Path

California courts have long recognized that a judgment creditor who has prevailed against a corporation should not be left holding an empty bag ...
Law

Cook: Default Judgment or Not, Plaintiffs Need to Show Work to Obtain Damages

A decision by Vice Chancellor Nathan A. Cook signals a default judgment for a plaintiff doesn't mean a clean sweep for damages if those damages aren't properly supported. The opinion, issued Wednesday ...
Reuters

Default Judgment Procedure (Florida)

Default stops defendants from challenging claims after time to respond to claims expires Clerk's default is speediest method for obtaining default Court's default is required when defendant is ...