An arbitration agreement may be in the form of an arbitration clause in a contract or in the form of a separate agreement. (b) The arbitration agreement shall be in writing.
The arbitrator will explain the process. Each side may present an uninterrupted opening statement setting forth its position as to the facts and the law. After opening statements, the parties present their evidence and witnesses. The arbitrator swears in the witnesses and makes rulings on the admissibility of evidence.
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.
The arbitration agreement may be a single document containing all the terms signed by both the parties or it can comprise of two documents one containing all the terms signed by one party and the other a plain acceptance by the other party of the first document or it can be an unsigned document containing the terms of ...
(2) An arbitration agreement may be in the form of an arbitration clause in a contract or in the form of a separate agreement. (3) An arbitration agreement shall be in writing. (c) an exchange of statements of claim and defence in which the existence of the agreement is alleged by one party and not denied by the other.
Arbitrations are usually divided into two types: ad hoc arbitrations and administered (or institutional) arbitrations. In ad hoc arbitrations, the arbitral tribunals are appointed by the parties or by an appointing authority chosen by the parties.
Arbitration agreements require that persons who signed them resolve any disputes by binding arbitration, rather than in court before a judge and/or jury. What is binding arbitration? Binding arbitration involves the submission of a dispute to a neutral party who hears the case and makes a decision.
Arbitration occurs when parties to a dispute agree to resolve it outside of court by hiring a third person and agree upon how the arbitrator makes the decision. A court will enforce the arbitrator's judgment the same way it enforces its own judgments.
The brief should include identification of the parties, a concise description of the facts, and applicable case law and statutes. The briefs should be submitted to the arbitrator at least 2 days prior to the arbitration hearing.