Arbitration: Difference between revisions
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*Modified, very relaxed legal proceeding. Not looking strictly at rules of procedure or evidence | *Modified, very relaxed legal proceeding. Not looking strictly at rules of procedure or evidence | ||
*Typically - decision on the spot. Once ruled - that's it | *Typically - decision on the spot. Once ruled - that's it | ||
*If he goes nuts - does rulings outside of scope or law - that can be appealed. Can't go back and say arbit was wrong, or ignored facts, or applied wrong law. Stuck with it, that's it. | |||
Revision as of 19:08, 16 May 2025
- Requires absolute agreement between parties
- Parameters of arbitration - 1 or 3 typical arbitrators. 1 likely here since this is not complex.
- Modified, very relaxed legal proceeding. Not looking strictly at rules of procedure or evidence
- Typically - decision on the spot. Once ruled - that's it
- If he goes nuts - does rulings outside of scope or law - that can be appealed. Can't go back and say arbit was wrong, or ignored facts, or applied wrong law. Stuck with it, that's it.