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4th 1705, the court, applying the Federal Arbitration Act, ruled that an arbitration clause in a sales contract executed by a subsidiary company was enforceable against the non-signatory parent corporation because the claims against the parent corporation were intimately founded and intertwined with the claims against the subsidiary. Specify the Award Review Process: The Federal Arbitration Act and various state laws restrict the right of courts to review arbitration awards. In 1947, Congress passed the Federal Arbitration Act (FAA). |
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