What Is Arbitration?
In arbitration, a dispute is submitted to an arbitrator for a decision. Arbitration may be binding or nonbinding. Binding arbitration involves having a neutral person decide a dispute, after …
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What Is Faa?
The courts and the public in recent years have become impatient with the costs and delays associated with litigation of civil disputes. As a result, Congress enacted the Federal Arbitration Act …
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What Are The Benefits Of Mediation And Arbitration?
Mediation and arbitration is less time consuming and often cheaper than courts, where claims may take nor e than a year to be heard, In mediation, parties to a dispute have a third party (hopefully …
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What Is The Difference Between Mediation And Arbitration?
People who have filed complaints with the Department of Consumer Affairs are familiar with mediation. Arbitration is similar in that a third party or a panel of arbiters determines how a dispute …
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Does This Affect How You Resolve A Dispute?
You bet! In the wake of the court rulings, many businesses, ranging from sellers of goods, to credit grantors to security brokers, put clauses in their contracts whereby their customers agree in …
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