Arbitration is often viewed an attractive alternative to litigation because it is designed to be quicker, less costly, and final. Even when an arbitrator’s decision was patently unfair or the arbitrator clearly didn’t follow the law, many cases have held that the parties are stuck with the decision.

A well-known quote says that “nothing is certain except for death and taxes.” A Will – the document often used to address both issues – should also be certain, and when probated, the results should be final.

It’s common today for a contract to include a “liquidated damages” provision, which specifies a sum of money one party will receive if the other party breaches the agreement.

After a stormy breakup, your ex-boyfriend posts on his Facebook page that you had an abortion during the relationship – and then repeats this in a radio interview. That’s a pretty clear violation of your privacy, isn’t it?

Sergio Garcia began playing golf in Spain at the age of three, turned professional in 1999, and won his first PGA Tour event in 2001, at age 21. Garcia has amassed career earnings exceeding $43 million, and had won numerous tournaments. But until this year, Garcia had never won one of golf’s “Major” championships (the Masters Tournament, the U.S. Open, the British Open and the PGA Championship).

 It’s bad to experience a large loss on a business deal gone sour. But it’s even worse when you can’t use the loss to reduce your income taxes.