On June 12, 1967, the Supreme Court of the United States took a giant step towards making commercial arbitration more useful to American businessmen. In Prima Paint Corporation v. Flood & Conklin Mfg. Co., 87 S. Ct. 1801 (1967), the court confirmed that an arbitration clause in a contract involving interstate commerce could be enforced under the United States Arbitration Act of 1925. Title 9, U.S. Code Sections 1-14, amended September 3, 1954 (68 Stat. 1233).
This is an issue which has attracted the attention of the academic community, as well as of the Bar: See: Collins, Arbitration and the Uniform Commercial Code, 21 Arb. Jour. 193-214 (1966), in which Professor Collins states: