arbitration

Subdecks (1)

Cards (18)

  • what is arbitration?
    Arbitration is where the parties refer the dispute to a third party, who will act like a judge andgive a decision on the dispute, which is called an award.
  • what piece of legislation gives a statutory framework for the process and the grounds of appeal?
    The Arbitration Act 1996
  • what does section 1 of the arbitration act 1996 say?
    it states that the object of arbitration is to reach a fair resolution through an impartial third party and the parties should choose the nature of the hearing.
  • what does section 5 of the arbitration act 1996 say?
    it states that both parties must agree to the process, and also to abide with the decision of the arbitrator
  • What is a scott v avery clause?
    A clause in commercial contracts that states that when there is a dispute between the parties, both parties must agree to resolve it with arbitration
  • is there a fixed process to abitration?
    No, the process is left almost entirely to the parties' agreement; they will decide the procedure for appointing an arbitrator, the date, time and place of the hearing
  • who are arbitrators?
    They are a neutral third party who will make the decision in arbitration. Arbitrators may be trained lawyers or laypersons who have expertise in the particular field involved in the dispute.
  • What is the purpose of the chartered institute of arbitrators?
    They are a body of qualified arbitrators; they are used if the parties cant agree on an arbitrator then the charted institute will allocate one.
  • what does section 58 of the arbitration act 1996 say?
    the decision of the arbitrator is final and legally binding- and will be enforcable by court if needs be.
  • What does sections 67-69 of the arbitration act 1996 say?
    it states that the decision of the arbitrater can be challenged on a point of law.
  • what is the significance of the case of Kaneria v ECB [2014] EWHC 1348?
    It is an example of the decision of the arbitrator's decision being appealed
  • what types of disputes is arbitration used for?
    Arbitration is often used in collective employment related disputes.