Arbitration

A dispute resolution process in which the disputing parties present their case to a third party intermediary (or a panel of arbitrators) who examine all the evidence and then make a decision for the parties. This decision is usually binding. Like court-based adjudication, arbitration is adversarial. The presentations are made to prove one side right, the other wrong. Arbitration is generally not as formal as court adjudication however, the rules can be altered to some extent to meet the party's needs.

There are currently no posts in this category.

Syndicate content

Need help viewing a document? View our document help page.

Have a comment or suggestion in regard to our site? Please send us your feedback.