Court Opinion

ID: 8960024
Source: CourtListenerOpinion
Date Created: 2022-11-27 09:38:24.789757+00
Date Added: 2024-06-11T17:10:11.086314
License: Public Domain

FLOYD R. GIBSON, Senior Circuit Judge,
concurring in part and dissenting in part.
I concur in Part II of the majority opinion because I agree that no ambiguity exists in the options agreement. In regard to Part III, however, I respectfully dissent.
I question whether the adhesion contract in this case should be enforced to deprive Sulit of his day in federal court. ERISA is premised on a fiduciary relationship between the parties. Implicit in that relationship should be the right of the aggrieved party to select a forum for resolution of the dispute. Enforcement of boilerplate arbitration clauses can only weaken the fiduciary relationship.