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Facts - Books - News    U.S. Facts Of Law:

What Is Arbitration?

Arbitration is the adjudication of a claim which is less formal than litigation in court. It is a streamlined legal procedure. The arbitrator is usually an individual or a tribunal selected by the parties involved or by a neutral party. Arbitration is, most often used for the resolution of disputes between businesses or between a business and its customers.

Unlike mediation, an impartial, knowledgeable third party is empowered to make decisions during the proceedings. During a mediation, the mediator has no authority to issue binding decisions. Arbitration is also sometimes used to scare debtors into paying up. And it is also commonly used in labor relations to resolve grievances.

The Employee Free Choice Act allows the use of arbitration to create a contract when the parties cannot do so themselves. Arbitration is often encouraged over traditional court litigation because arbitration generally results in faster resolution and usually is less expensive than litigation. In addition, arbitration results are private and can only be made public with the consent of the parties involved. Arbitration is well-established and widely used. It is one of several types of alternative dispute resolution.


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Senators Demand Answers On Selfdriving Car Loophole After Uber Death CNNMoney
KYMA Senators demand answers on self driving car loophole after Uber death CNNMoney In a letter sent Thursday to 60 manufacturers of self driving technology, including Uber CEO Dara Khosrowshahi, 10 Democratic Senators noted a quotpotentially glaring omissionquot in the AV Start Act, a Senate bill under consideration. If passed, the bill Senators press self driving car industry on forced arbitration after Uber crashKYMA all 1,966 news articles raquo

Arbitration Daewoo Shipping V Songa Offshore Lexology
Arbitration Daewoo Shipping v Songa Offshore Lexology After an award was issued, the claimant applied under section 573 of the Arbitration Act 1996 quotthe Actquot to correct certain clerical errors. This was done 27 days after the award was issued. The claimant then sought permission to appeal the award United States: Objection, InterruptedMondaq News Alerts all 5 news articles raquo

Trump Hotel Firm Canapost File Counterclaims In Arbitration Of Suit NY New...
New York Daily News Trump hotel firm can39t file counterclaims in arbitration of suit NY New York Daily News Trump39s hotel company suffered a legal setback related to alleged mismanagement of a formerly Trump branded property in Panama. and more raquo

Stefano Azzali, Secretary General, Milan Chamber Of Arbitration: Italy Is No ...
Stefano Azzali, Secretary General, Milan Chamber of Arbitration: Italy is no longer looked upon as the Cinderella Leaders League press release New laws were enacted, judges39 attitudes changed, the number of arbitration practitioners increased and there were more institutional and international arbitration cases. One of the reasons why Italy is more popular in the international arbitration

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Facts of Law explaining what is arbitration

Facts of Law - What Is Arbitration