arbitration

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ar·bi·tra·tion

(ahrbi-trāshŭn)
Dispute resolution conducted and overseen by someone with no stake in the outcome.

arbitration

(ar-bi-trā′shŏn) [L. arbitratio, decision]
1. A legal procedure for settling a dispute outside the courts, in which the parties select and agree to abide by the decision of a neutral third party (the arbiter or arbitrator).
2. In radiology, the interpretation of images by two or more readers, who determine and report their findings after conferring together.
References in periodicals archive ?
The binding arbitration award, delivered to the company on November 16, 2012, determined that: the SAA was an exclusive agreement between Cessna and Avcorp; Cessna could not unilaterally transition production work from Avcorp; Avcorp had fulfilled the requirements of the SAA; and, Avcorp suffered damages as a result of Cessna transitioning production work from Avcorp.
In essence, binding arbitration or voluntary trial resolution can be used in conjunction with mediation to promote public policy favoring alternative dispute resolution so as to avoid undue expense, delay, and the unnecessary exacerbation of negative emotions, which commonly result in contested family law cases.
Teamsters said if the request is granted by the NMB and either party declines binding arbitration, a 30-day cooling off period will begin, at the end of which the union will be released to conduct a strike at Omni Air International.
The court held, inter alia, that the decedent had agreed to the mandatory binding arbitration provision in the Financial Agreement, which he signed before being treated.
Most labor negotiations between public safety employees and municipalities are settled without the need for binding arbitration.
saying in a statement, "We are perfectly willing to go to binding arbitration to resolve this dispute with Dish Network.
Kelly argues mandatory binding arbitration can work for parties with equal bargaining power but not when an employer imposes private arbitration on individuals as a condition of their employment.
Kavanagh, asked for his reaction, said: "The board of HRI had proposed independent binding arbitration.
But binding arbitration is done behind the scenes, invisible to the public.
Locricchio told the Daily News he can't afford the $26,000 for binding arbitration, which includes three retired judges provided by the American Arbitration Association.
Mr Coulson confirmed the binding arbitration did not preclude the two men from taking BIA to an employment tribunal for unfair dismissal.
The move represents a U-turn by Amicus, which turned down the airport's offer of binding arbitration last month before its 200-strong BIA membership was balloted on industrial action.