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 periodicals archive ?
The program aims at habilitating technical and legal cadres in the GCC countries to work in the field of arbitration and to enhance the level of arbitration for those who are interested in the area of arbitration.
You start a confirmation proceeding to convert the arbitration award into a judgment.
New arbitration centres have recently been growing dramatically in
These forms of arbitration are embraced not solely because they help to resolve disputes, but also because they enable parties to resolve disputes in accordance with shared religious principles and values.
Arbitration is a form of alternative dispute resolution where the parties, usually to a contract, agree to have a dispute heard before a private arbitration forum and finally decided by a single arbitrator or panel of arbitrators instead of going to court to have their dispute heard publicly and decided by a judge and/or jury.
As a gateway to attract trade and investment, GCC members have taken positive steps forward by enacting more 'arbitration friendly' laws, as well as the establishment and development of new arbitration hubs.
While many scholars have focused attention on the public policy rationales for and against arbitration, few have explored how arbitration clauses should be interpreted.
This is a very significant decision for Indian arbitration and a very strong indication from the Indian judiciary that India is friendly to international arbitration and that it wants its law to be interpreted in a manner consistent with the international arbitration laws of other jurisdictions," says Christopher Tahbaz, co-chair of the Asian litigation group at Debevoise & Plimpton.
IN A judgment that could have ramifications on resolution of disputes in business contracts, the Supreme Court ( SC) on Thursday held that Indian courts do not have jurisdiction to set aside foreign arbitration awards even if the subject matter of the dispute concerns property or business in the country.
MUSCAT: Plans are afoot to set up an international arbitration centre in Oman for amicably settling disputes between people within the country and outside, an expert on arbitration told participants of a forum here yesterday.
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.
1) ("Stolt-Nielsen"), the Supreme Court considered whether an arbitration panel may order class arbitration where an arbitration clause is silent on that issue.