O&B Litigation Newsletter

O&B participates in important cases dealing with forum selection, choice of law and arbitration clauses

O’Neill & Borges LLC recently participated in two judicial victories that crystallized the Puerto Rico landscape regarding forum selection, choice of law, and arbitration clauses. In Bobé v. UBS Fin. Servs. Inc. of Puerto Rico, Inc., 2017 TSPR 67 (2017), the Supreme Court of Puerto Rico held that to invalidate forum selection clauses, the parties must prove that the clause itself is the product of fraud rather than the underlying contract. And in Pérez v. UBS Fin. Servs. Inc, No. 15-3081 (GAG) (D.P.R. Sept. 29, 2016), the United States District Court for the District of Puerto Rico held that the same applies to choice of law and arbitration clauses.

 

Click here to see a full version