arbitration


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Related to arbitration: arbitration clause

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 classic literature ?
But an Arbitration being blown towards him by some unaccountable wind, and he gaining great credit in it as one indefatigable in seeking out right and doing right, a pretty fat Receivership was next blown into his pocket by a wind more traceable to its source.
Tulliver, not without a particular reason, had abstained from a seventh recital of the cool retort by which Riley had shown himself too many for Dix, and how Wakem had had his comb cut for once in his life, now the business of the dam had been settled by arbitration, and how there never would have been any dispute at all about the height of water if everybody was what they should be, and Old Harry hadn't made the lawyers.
However, the exclusive focus on this standard narrative has left unexplored a competing arbitral narrative--a counter-narrative of sorts--that examines the contexts in which arbitration differs from adjudication because it aims to promote an alternative set of values beyond simply resolving disputes.
It is widely acknowledged that the purpose of the Federal Arbitration Act (FAA) was to place arbitration clauses on equal footing with other contracts.
He also said that the Oman arbitration law needs to be in consonance with international laws.
It provided that any negligence claim relating to her diagnosis, treatment, or care would be resolved by binding arbitration pursuant to the Florida Arbitration Code.
Over the last few decades arbitration has gained increasing popularity because consumer, commercial, and employment contracts regularly incorporate mandatory arbitration clauses.
The 128 players that filed for salary arbitration in Major League Baseball saw their salaries increase 107 percent from their 2009 salaries to what they will earn in the upcoming 2010 season, based on research by The Biz of Baseball.
The volume considers "special issues" in a variety of workplaces, ranging from opera and the arts to professional sports, such as baseball and hockey, and carries guidance on evidence and class actions in employment arbitration and other areas.
Summary: Dubai International Arbitration Centre (DIAC) signed on Monday a Cooperation Agreement with Malta Arbitration Centre to offer the best arbitration services to the business communities in both Dubai and Malta.
JEDDAH: "How to become an international arbitrator" is the theme of the first training program on arbitration skills in Saudi Arabia to be held in Jeddah from March 9 to11.
To increase the adoption of arbitration globally as an alternate dispute resolution mechanism, we need to actively communicate the benefits that arbitration can bring to businessmen, commercial outfits, governments and customers.