Page 1 of 2 Regular Session, 2012 ENROLLED SENATE RESOLUTION NO. 157 BY SENATOR APPEL A RESOLUTION To urge and request the Louisiana State Law Institute to study the Louisiana Binding Arbitration Act. WHEREAS, arbitration is a process by which parties to a dispute may submit their differences to the judgment of an impartial person or persons appointed by mutual consent or statutory provision; and WHEREAS, arbitration has been increasingly favored by both Louisiana and federal courts as an efficient manner in which to resolve legal disputes; and WHEREAS, legal disputes should be resolved in a just, speedy and economically efficient manner; and WHEREAS, the arbitration process has become increasingly time-consuming and in some cases prohibitively expensive for both individuals and businesses in the state of Louisiana; and WHEREAS, the Louisiana Binding Arbitration Act is found in R.S. 9:4201 et seq.; and WHEREAS, the Louisiana Binding Arbitration Act should provide for an arbitration process that is efficient, economical and just in its outcome. THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby urge and request the Louisiana State Law Institute to study the Louisiana Binding Arbitration Act to determine what recommendations may improve arbitration contracts in Louisiana so that arbitration proceedings take less time and are not prohibitively expensive, including whether "loser-pay" provisions may assist in decreasing time and expense of the arbitration process, whether reasonable limits may be imposed on what constitutes "pertinent evidence" under R.S. 9:4210 for an arbitrator to consider, and whether other recommended changes to Louisiana's arbitration laws may help to make arbitration a more efficient and cost-effective process for participants in Louisiana. SR NO. 157 ENROLLED Page 2 of 2 BE IT FURTHER RESOLVED that the Louisiana State Law Institute shall report its findings and recommendations to the Louisiana Legislature on or before February 1, 2013. BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the director of the Louisiana State Law Institute. PRESIDENT OF THE SENATE