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- Dictionaryarbitration/ˌɑːbɪˈtreɪʃn/
noun
- 1. the use of an arbitrator to settle a dispute: "Tayside Regional Council called for arbitration to settle the dispute"
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Jun 7, 2024 · arbitration, nonjudicial legal technique for resolving disputes by referring them to a neutral party for a binding decision, or “award.” An arbitrator may consist of a single person or an arbitration board, usually of three members.
Oct 26, 2023 · Generally, arbitration occurs between two parties who are citizens of a country where the arbitration is performed. There is also international arbitration, where two...
Sep 19, 2023 · Arbitration is a form of alternative dispute resolution (ADR). An arbitrator is often a retired judge or attorney. Arbitration, like mediation, provides an alternative to filing a lawsuit and going to court. Arbitration is usually a more streamlined and cost-conscious option for dealing with a legal issue.
Jun 27, 2024 · Arbitration is a kind of alternative dispute resolution that has become increasingly popular in Australia and internationally. This article will explain: what arbitration involves; the advantages and disadvantages; and. when it should be used. Why Use Arbitration? While it is an alternative to litigation, it involves a similar process.
Nov 19, 2023 · Arbitration is a way of resolving a dispute without filing a lawsuit and going to court. The arbitration process is similar to the proceedings in a court case: the parties may have lawyers, they exchange information, and there is a hearing where they question witnesses and present their cases. After the hearing, the arbitrator will make a decision.
Jun 17, 2024 · Arbitration is a process in which parties to a dispute agree to have a neutral person or panel reach a binding decision that settles their dispute based on previously agreed-upon norms and rules.
Sep 12, 2023 · Arbitration is a way of resolving disputes between two or more parties that does not involve the courts. It is a type of alternative dispute resolution (ADR) in which an unbiased third person, known as an arbitrator, is chosen to hear the parties' arguments and evidence.
Mar 28, 2024 · Arbitration is a voluntary process where disputes are resolved outside the court system by arbitrators chosen by the parties or specified in the agreement. It offers a more flexible and private alternative to litigation, allowing parties to tailor the proceedings to their specific needs and preferences.
May 17, 2024 · Arbitration is the process of appointing an independent person or group to facilitate an agreement between two disputing parties. This method is prevalent in industrial relations and is often conducted by independent agencies.
Aug 8, 2023 · Arbitration is a form of final and binding dispute resolution presided over by an appointed arbitral tribunal (one or three arbitrators, typically) acting in a quasi-judicial manner. Arbitration is, generally speaking, founded on party agreement (the arbitration agreement), and regulated and enforced by national law and national courts.
