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Essay

Arbitration

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Issue:

Book Reports

 

Written by:

Lorraine I

 

Date added:

December 16, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1939

 

Was viewed:

6634 times

 

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Essay content:

The arbitrator is impartial; this means he or she does not take sides. In most cases the arbitrator's decision is legally binding on both sides, so it is not possible to go to court if you are unhappy with the decision. Most types of arbitration have the following in common: • Both parties must agree to use the process • It is private • The decision is made by a third party, not the people involved • The arbitrator often decides on the basis of written information • If there is a hearing, it is likely to be less formal than court • The process is final and legally binding • There are limited grounds for challenging the decision 1...
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When it is used? Arbitration is used widely for international disputes, disputes between major corporations, employment rights disputes, and consumer disputes. Arbitration is defined, and the rules set out, in the Arbitration Act 1996, which applies to disputes in England and Wales and in Northern Ireland...
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Once Upon A time Value of Time News Is it prime time or all the time? Once Upon A Time Changes Of Time End Of Time Our Time Time Management: Putting Time On Your Side Organising tour for Signed Act Once Upon A Time Time TIME Alternate Disputes Resolutions: Mediation And Arbitration Why Has It Been So Difficult To Reach An Agreed Definition Of Terrorism? Just In Time
 

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