IS ARBITRATION BAD FOR BUSINESS?
The death of Stare Decisis
Within hours after buying those heavy and expensive books, law students are introduced to what is represented as the pillar of our system of justice, stare decisis. We learn that the doctrine of stare decisis is based upon the principle that certainty in law is essential. This idea is so firmly fixed in England that the House of Lords and the Court of Appeal have held that they have no power to reverse themselves on a proposition of law, no matter how erroneous their previous decision may appear to have been.… → Read More