Skadden Discusses Second Circuit Decision on Payment of Arbitration Fees

The Second Circuit held in Frazier v. X Corp. that a court cannot order a party to pay fees in an ongoing arbitration. Partners Michael McTigue and Meredith Slawe and counsel Shaud Tavakoli discuss how the decision deals a blow to mass arbitration claimants’ counsel seeking to coerce windfall settlements by leveraging fee threats.