New York A01219 mandates arbitrators to disclose potential conflicts of interest and allows for vacating arbitration awards if an arbitrator has.

New York A01219 amends the civil practice law and rules to require arbitrators to disclose any known facts that could affect their impartiality before accepting an appointment. This includes financial interests or relationships with parties involved in the arbitration. If an arbitrator fails to disclose such information and a party objects, the court may vacate the arbitration award. The bill also voids agreements that do not require a neutral third-party arbitrator, except where federal law applies. This legislation aims to ensure transparency and impartiality in arbitration proceedings.

New York A01219 mandates arbitrators to disclose potential conflicts of interest and allows for vacating arbitration awards if an arbitrator has.

New York A01219 amends the civil practice law and rules to require arbitrators to disclose any known facts that could affect their impartiality before accepting an appointment. This includes financial interests or relationships with parties involved in the arbitration. If an arbitrator fails to disclose such information and a party objects, the court may vacate the arbitration award. The bill also voids agreements that do not require a neutral third-party arbitrator, except where federal law applies. This legislation aims to ensure transparency and impartiality in arbitration proceedings.