arbitration

Cards (5)

  • arbitration - formal, agree to have dispute decided by independent arbitrator, small claims procedure in county court, acas use to solve employment disputes
  • s1 arbitration act 1996 - object of arbitration is to obtain the fair resolution of a dispute by an impartial tribunal without unnecessary delay or expense
  • the scott v avery clause - parties signing contract agreeing that if a dispute arises in future, will use arbitration to solve
  • arbitration hearing - set for a time and date convenient for both parties, may be informal or formal as decide.
    paper arbitration - where parties submit their dispute in writing to the arbitrator who then decides who to grant the reward
  • most formal arbitration involves lawyers and witnesses attended the hearing similar to a court case