Arbitration Awards and Judgment Liens — the Rescission of Rule 1307 (b).
Between 1836 and 2007, any Pennsylvania title searcher could tell you that the entry of an award of arbitrators in the Prothonotary’s docket was a lien on real estate, even if an appeal de novo was filed, taking the matter to a judge. The award of the panel of arbitrators was stated to have the same effect as a verdict on real estate. However, if the title searcher gives you the same answer today, he/she would be wrong. The reasons why are a little tricky.
Why is “Above the Law” the Top Legal Blog in Readership?
Pretty depressing, huh? So, is the secret to ATL’s success that there are armies of junior associates at Big Law firms checking this blog to see whether their firm is mentioned? Or are there just a lot of people who get off on reading about other people’s troubles? And what’s with issuing press releases when layoffs occur, a la Reed Smith?
Enough already!
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