Cengage Advantage Books: Business Law Today, The Essentials 10th Edition by Roger LeRoy Miller

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Arbitration. PRM Energy Systems owned patents licensed to Primenergy, LLC, to use in the United States. Their contract stated that "all disputes" would be settled by arbitration. Kobe Steel of Japan was interested in using the technology represented by PRM's patents. Primenergy agreed to let Kobe use the technology in Japan without telling PRM. When PRM learned about the secret deal, the firm filed a suit against Primenergy for fraud and theft. Does this dispute go to arbitration or to trial? Why? [PRM Energy Systems v. Primenergy, LLC, 592 F.3d 830 (8th Cir. 2010)] (See page 89.)