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The Demand for Arbitration shall include the basis of the claim against the Respondent(s); the amount of damages the Claimant(s) seeks in the Arbitration; the name, address and telephone number of the Claimant(s) and their attorney, if any; and the name of all Respondent(s).
Contents of the Request include the name and contact details of all parties (including e-mail, street address and telephone number) be signed and dated by the requesting party or its representative. enclose proof of the representative's authority to act, e.g., a power of attorney or a letter of engagement.
Under most arbitration rules, an Answer or Response to a Request for Arbitration must include the respondent's name and contact details, the name and contact details of its representative, its preliminary comments on the dispute, its response to the relief sought by the claimant, its observations and proposals ...
It is a formal request between the involved parties to have the matter decided by an arbitrator or panel of arbitrators rather than a judge or jury. Arbitrators are neutral third parties appointed by the parties or the organization involved in the arbitration.