Arbitration or Lawsuits?

In response to a reader's comment below,

Anonymous said...
http://www.srz.com/publications/publicationsDetail.aspx?publicationId=1627

I wonder if this will be available to the public or only to those involved in the bankruptcy?

Check this out (from the WSJ on April 16). Perhaps hedge funds will start using arbitration:

Critics of arbitration say the three-member arbitration panels used in brokerage disputes often favor the industry over the consumer. In arbitration, the extent of a consumer's right to receive and review relevant information from the opposing side, a process known as discovery, is less clear than in litigation. Arbitration hearings also are often conducted in private, rather than in a public forum. (read more...)