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Microcap & Penny Stocks : Amazon Natural (AZNT)
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To: bmart who wrote (4029)9/7/1998 9:42:00 AM
From: s martin  Read Replies (1) of 26163
 
<<At that point Wellrich was no longer able to act as a brokerage/ securities dealer. Since there was no longer a binding legal contract, there could be no arbitration, no contract, no arbitration.>>

Virtually any contract that contains an arbitration clause provides for the subsequent arbitration of any dispute arising from events that took place during the period covered by the contract. In other words, even if the contract is no longer effective, disputes arising from prior events must be arbitrated as provided by the contract.

For example, when I open an account with XYZ Brokerage, I sign an arbitration contract. Something happens and I close the account. Six months later I file a claim against XYZ in arbitration. Even though the account is no longer open, the claim is valid and must be arbitrated.
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