Some potential consequences may include: Breach of Contract: If arbitration is a contractual requirement and one party refuses to participate, they may be in breach of the contract. The non-complying party may be held liable for damages resulting from the breach.
If the defendant doesn't show up, and no valid reason is given for his/her absence, the arbitrator will hear the plaintiff's claim and make a decision based on the plaintiff's evidence in the defendant's absence.
A good arbitration provision does not take long to draft. Clarity is essential. Before negotiating an arbitration clause, it is advisable to consider the following: Location of assets – where are the other party's assets located now and where are they likely to be located after an award is obtained?
However, if a plaintiff unwittingly entered into an arbitration agreement due to coercion or deception, or if the terms of the arbitration agreement undermine the plaintiff's ability to vindicate their rights, courts can and sometimes do step in and invalidate the contract.
If neither party appeals the decision, it will be binding, like an order by a judge. However, a party unhappy with the arbitrator's decision can request a new trial before a judge.
Section 4 of the Federal Arbitration Act (FAA) says "a party aggrieved by the alleged failure, neglect or refusal of another to arbitrate under a written agreement for arbitration may petition any U.S. district court ... for an order directing that such arbitration proceed in the manner provided for in such agreement."
Yes, you can have as many conditions as needed in an if statement by combining them with logical operators.
The CASE statement selects an execution path based on multiple conditions. This statement should not be confused with the CASE expression, which allows an expression to be selected based on the evaluation of one or more conditions.
You can specify multiple conditions in a single WHERE clause to, say, retrieve rows based on the values in multiple columns.
When using multiple conditions, we use the logical AND && and logical OR || operators. Note: Logical AND && returns true if both statements are true. Logical OR || returns true if any one of the statements is true.