arbitration

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Related to arbitrations: Binding arbitration

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 ?
Parties embrace this form of arbitration not solely because it is a useful mechanism for dispute resolution, but because these arbitrations are meant to enable parties to resolve a dispute in accordance with shared religious principles and values.
These arbitrations are more than expedient attempts to resolve a particular controversy; they are embedded in a much larger communal infrastructure and incorporate shared values into the selected method of dispute resolution.
6, limiting the reach of the Indian judiciary into international arbitrations in a lengthy ruling in Bharat Aluminium Co.
Nijjar, who wrote the judgment on behalf of the Bench, said that applicability of Part I of the Arbitration Act, 1996-- which concerned supervisory jurisdiction over arbitration-- is limited to arbitrations taking place in the country.
In particular, the Bazzle holding led many arbitration institutions to create procedures to handle class action arbitrations.
Muscat, Mar 15 (ONA) Oman Chamber of Commerce and Industry (OCCI) today organized a seminar on 'Trade Arbitration in the Sultanate' under the auspicies of Mohammed bin Ali bin Nasser al Alawi, legal Affairs Minister.
The court concluded that the reasoning of the multiple circuit decisions declining to consolidate arbitrations pursuant to Federal Rule of Civil Procedure 42(a) in the absence of the parties' agreement to do so applied to class arbitrations as well.
Recently, I covered arbitration and the myths supporting its alleged superiority over court litigation.
All they really have to do is codify the due process protocol," he said, "so all the consumer arbitrations follow those rules of fair play, and they can accomplish the same goals without doing damage to other areas.
dubai on the right track, says top arbitration specialist
J@pan Inc interviewed Haig Oghigian, one of Japan's leading arbitration lawyers from Baker & Mckenzie GJBJ Tokyo Aoyama Aoki Koma Law Office, about the growing trend towards using arbitration to resolve commercial disputes.
Individual claims were for small amounts, but the arbitration clause required an expensive three-person arbitration panel, the standard in international commercial arbitration, but two more than usual in domestic arbitrations.