SLS 12RS-5218 ORIGINAL Page 1 of 2 Regular Session, 2012 SENATE RESOLUTION NO. 157 BY SENATOR APPEL LEGIS POWERS/FUNCTIONS. To urge and request the Louisiana State Law Institute to study the Louisiana Binding Arbitration Act. A RESOLUTION1 To urge and request the Louisiana State Law Institute to study the Louisiana Binding2 Arbitration Act.3 WHEREAS, arbitration is a process by which parties to a dispute may submit their4 differences to the judgment of an impartial person or persons appointed by mutual consent5 or statutory provision; and6 WHEREAS, arbitration has been increasingly favored by both Louisiana and federal7 courts as an efficient manner in which to resolve legal disputes; and8 WHEREAS, legal disputes should be resolved in a just, speedy and economically9 efficient manner; and10 WHEREAS, the arbitration process has become increasingly time-consuming and11 in some cases prohibitively expensive for both individuals and businesses in the state of12 Louisiana; and13 WHEREAS, the Louisiana Binding Arbitration Act is found in R.S. 9:4201 et seq.;14 and15 WHEREAS, the Louisiana Binding Arbitration Act should provide for an arbitration16 process that is efficient, economical and just in its outcome.17 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby18 SR NO. 157 SLS 12RS-5218 ORIGINAL Page 2 of 2 urge and request the Louisiana State Law Institute to study the Louisiana Binding1 Arbitration Act to determine what recommendations may improve arbitration contracts in2 Louisiana so that arbitration proceedings take less time and are not prohibitively expensive,3 including whether "loser-pay" provisions may assist in decreasing time and expense of the4 arbitration process, whether reasonable limits may be imposed on what constitutes "pertinent5 evidence" under R.S. 9:4210 for an arbitrator to consider, and whether other recommended6 changes to Louisiana's arbitration laws may help to make arbitration a more efficient and7 cost-effective process for participants in Louisiana.8 BE IT FURTHER RESOLVED that the Louisiana State Law Institute shall report9 its findings and recommendations to the Louisiana Legislature on or before February 1,10 2013.11 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the12 director of the Louisiana State Law Institute.13 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Julie J. Baxter. DIGEST Appel SR No. Requests the Louisiana State Law Institute to study the Louisiana Binding Arbitration Act and make recommendations on how Louisiana's arbitration process may be made more cost- effective and less time-consuming. Requires report on or before February 1, 2013.