Arbitration - Definition, Examples, Cases, and Processes - Legal …
2014年11月10日 · Arbitration is a form of Alternative Dispute Resolution in which the parties work out the disputed issue without going to court. An impartial third party, known as an Arbitrator, is chosen by the parties to listen to their case and make a decision.
What Is Arbitration and Who Does It Favor?
2023年10月26日 · Arbitration is a cheaper and faster method of handling disputes outside of the traditional court system. What Is Arbitration? For conflicts involving individuals in different countries,...
Arbitration - Wikipedia
Arbitration is a formal method of dispute resolution involving a third party neutral who makes a binding decision. The third party neutral (the 'arbitrator', 'arbiter' or ' arbitral tribunal ') renders the decision in the form of an ' arbitration award '. [1] .
What is Arbitration? - WIPO
Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court.
What Is Arbitration? - FindLaw
2023年9月19日 · Arbitration is a method of alternative dispute resolution (ADR), which allows legal disagreements to be negotiated outside of court. Learn about mediators, binding and non-binding arbitration, and much more at FindLaw.com.
What Is Arbitration and How Does It Work? – Prospect Law
2021年10月5日 · Arbitration is a method of resolving a dispute between parties. If both parties agree to arbitration, an independent and neutral arbitrator is appointed and the arbitrator gives a decision on the dispute. The arbitrator’s decision is binding on the parties. I’ve heard that arbitration is ADR; what is “ADR”?
What is arbitration - iPleaders
2022年6月4日 · In simple words, arbitration is a method of resolving disputes between parties without going to court. The term ADR or Alternative Dispute Resolution signifies any out of court processes adopted to solve disputes. Arbitration, mediation, conciliation, and negotiation are usually the most common methods of ADR.
What is the Purpose of Arbitration? A Comprehensive Guide
Arbitration, a cornerstone of alternative dispute resolution (ADR), represents a strategic departure from conventional court litigation. In this process, disputing parties voluntarily opt to present their grievances before one or more impartial arbitrators, whose binding decisions serve as final decisions of a dispute.
What is Arbitration? | Arbitration Monitor
2024年2月20日 · Arbitration is a method of alternative dispute resolution (ADR) that serves as a viable substitute to traditional court litigation. In this process, disputing parties agree to submit their conflict to a mutually acceptable, neutral third party, known as an arbitrator.
What is Arbitration? | HKIAC
Arbitration is a consensual dispute resolution process based on the parties' agreement to submit their disputes for resolution to an arbitral tribunal usually composed, of one or three independent arbitrators appointed by or on behalf of the parties.