Can distribution of proceeds be decided by only one side? Forum

[bbwinston]

Bill Graham, an experienced promoter and producer of musical concerts, entered into a contract with Leon Russell, a rock singer who did business under the corporate name Scissor-Tail, Inc., whereby Graham would promote several concerts for Russell. Russell belongs to the American Federation of Musicians (AFM), a union that represented most big-name musicians. The contract between Graham and Russell was on a standard, preprinted form required to be used by all AFM members. The contract contained an arbitration clause that requires any disputes regarding the contract to be heard and decided by the executive board of the AFM. When a monetary dispute arose between Graham and Russell regarding the division of proceeds from the concerts, Graham sued Russell in Court. Decision ?