Is there a way to expedite the hearing of securities arbitration claims?
Yes, it is possible to expedite the hearing of securities arbitration claims in California. Depending on the type of claim being filed, the timelines for adjudication can vary. In California, the process is regulated by the Department of Business Oversight, which sets out a specific timeline for the hearing of securities arbitration cases. The first step in speeding up the process is to ensure that all required paperwork is complete and accurate. The filing party should ensure that all of the necessary forms have been completed correctly and include the proper information, such as a description of the dispute and the amount of relief sought. In California, arbitration hearings can be expedited by requesting an expedited hearing. This can be done by filing a petition with the Department of Business Oversight. If the petition is approved, the hearing date will be moved up and the arbitration process will be completed in a matter of days or weeks rather than months. Another way to expedite the hearing of securities arbitration claims is to bring a motion for summary judgment. This motion, if granted, allows the court to decide the case without the need for a trial or hearing. The court can make a decision based on the evidence submitted by the parties. Lastly, the parties involved in the dispute may be able to come to a settlement out-of-court. If the parties are able to negotiate an agreement that both sides are satisfied with, the case can be resolved without the further involvement of the court. This is generally the faster and less expensive option than going through a trial.
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