The Scope of the Clause. This section of the clause is critical; it sets the boundaries for which disputes the tribunal is authorised to determine. Choice of Rules. The Number of Arbitrators. Appointing Authority. Choice of Venue. The language of the proceedings. Finality. Exclusion of the right of appeal.
Settlement by agreement is the cheapest option and gives you the most control. Both mediation and arbitration are expensive, and arbitration is usually binding, so the ultimate decision is out of your control.
During arbitration, you and your spouse will each state your cases, with or without legal representatives, along with evidence to support your argument. The panel of judges will listen to both sides and decide things such as asset division, spousal support, child custody and child support.
Agreements made between the parties to a divorce action which settle all issues concerning their divorce, including property division, child custody, child support, parenting plans and alimony, are enforceable in Georgia. Sanders v. Colwell, 248 Ga.
“Any award of the arbitrator in favor of specify party and against specify party shall be at least specify a amount but shall not exceed specify a amount. Specify a party expressly waives any claim in excess of specify a amount and agrees that its recovery shall not exceed that amount.
"A dispute having arisen between the parties concerning , the parties hereby agree that the dispute shall be referred to and finally resolved by arbitration under the LCIA Rules. The number of arbitrators shall be one/three. The seat, or legal place, of arbitration shall be City and/or Country.