How To Refuse Arbitration ?
The biggest arbitration organization is the National Arbitration Forum and it mostly handles the credit card disputes. In credit card disputes the arbitrator will try to reach an agreement between you and the company. However, this cannot be considered as a court ordered arbitration. A court order only comes when you are sued.More... |
Withdraw From Arbitration
Arbitration is a process where disputes are settled out of court. However, people who choose arbitration as a method to resolve disputes have to abide by the decision of the arbitrator. Usually companies that offer arbitration services have a lot of experience, and even clients choose people who have solid experience in negotiating disputes.Usually people who are arbitrators are retired judges and attorneys. Mostly the decision of the arbitrators will be final, and it can be limited to very minimal court reviewMore...
National Arbitration Forum Arbitrators
The National Arbitration Forum (NAF) was founded in 1986. Its prime goal is to make arbitration and mediation available for businesses. The forum's headquarter is based in Minneapolis, Minnesota, but it has offices in other cities also.The National Arbitration Forum has more that 1,600 arbitrators and mediators. Most of them are lawyers or former judges. In fact, the arbitrators and mediators working the NAF are spread throughout the US, and in 35 countries across the world.More...
Definition Of Arbitration
In order to understand what is arbitration, you should first know the definition of arbitration. Basically, arbitration can be defined as a way settling dispute when it arises between two parties, who have signed a contract, without the need to go to court. The dispute is settled by a third a party, which is neutral, and invariably consists of one person, the arbitrator.The exact procedure followed in arbitration depends on the arbitration laws prevailing in the country, or the rules of the International Chamber of CommMore...
Benefit Of Arbitration
Arbitration is perhaps one of the most popular ways to resolve a dispute. The arbitration law keeps you up to date with events that are taking place legally. It ensures that the business or a person is not at risk because they have up to date information. When you use these laws you have a comprehensive view of the legal procedures that apply to you, and also the proceedings that bind them.More...
Types Of Arbitration
There are four types of arbitrations that are carried out in the United States. Several people do not have a complete understanding of arbitration, and they think that it is by default a judicial process. This is not true as a separate body called the NAF also settles disputes through arbitration for many companies.Every consumer who has a credit card or a car loan or any type of mortgage has signed an agreement saying that they will settle their disputes though mandatory arbitration.More...
Examples Of Arbitration
Several popular cases have been settled through arbitration. Throughout history, ever since arbitration laws have been brought under effect, several cases that ended up as disputes could be resolved using the method of arbitration.Arbitration cases take place all over the world. However, to pass a judgment on the case, a prior example is used, so that based on that the current case can be ruled.More...
What Is The Difference Between Mediation And Arbitration ?
For several people, going to a court to settle the dispute is not a favorable option. Several people settle for arbitration as it is cheaper and hassle free option. A formal hearing in the court can be an extremely time consuming process. Also, the judge’s jury may always not be favorable.There are two ways which are popular to settle disputes these days and they are mediation and arbitration. Mediation and arbitration are two different methods, but both have the same goal actually and that is to settle the dispute.More...
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