The Illinois Supreme Court Rule 222 arbitration Disclosure Statement is a document that outlines the process and procedures for arbitration proceedings in the state of Illinois. It is designed to provide parties with information about the arbitration process and their rights, help them understand the role of the arbitrator, and inform them of the remedies available to them in the event of a dispute. The Rule 222 Disclosure Statement applies to all arbitration conducted under the Arbitration Act of Illinois. The Illinois Supreme Court Rule 222 Disclosure Statement consists of two parts. The first part provides information about the arbitration process and the parties' rights, and the second part outlines the remedies available to the parties in the event of a dispute. The Rule 222 Disclosure Statement must be provided to the parties before an arbitration proceeding begins. It must be signed and dated by both parties and contain the name of the arbitrator and any witnesses, as well as the date, time, and place of the hearing. Additionally, the Disclosure Statement must contain a statement confirming that the parties have read the document and understand its contents. There are two types of Illinois Supreme Court Rule 222 Disclosure Statements: the Standard Rule 222 Disclosure Statement and the Rule 222(h) Disclosure Statement. The Standard Rule 222 Disclosure Statement outlines the process and procedures for all arbitration conducted under the Arbitration Act of Illinois, while the Rule 222(h) Disclosure Statement is only applicable to arbitration governed by the Consumer Fraud and Deceptive Business Practices Act.