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Louisiana waives its right to arbitrate dispute over auction rate securities due to litigation involvement
- Jorden Burt LLP
- -
- USA
- -
- January 20 2011
A federal appeals court affirmed that Louisiana Stadium & Exposition District and the State of Louisiana ("LSED") waived their right to arbitration by expressing the intent to litigate a dispute with Merrill Lynch, Pierce Fenner & Smith Inc
