arbitration clause legal definition
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- Definition of ARBITRATION CLAUSE: A clause inserted in a contract providing for compulsory arbitration in case of dispute as to righis or liabilities under it; ineffectual if it purports to The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.
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Comprehensive International Dispute Resolution Services International arbitration: Arbitration is a type of alternative dispute resolution method where the parties to a dispute agree to arbitrate or operate under a contract that specifies that arbitration is the remedy. Disputes are heard outside of the courts, before one or more arbitrators.
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- When to Call the Doctor. While most parents can expect their newborn to sleep or catnap most of the day, the range of what is normal is quite wide. If you have questions about how much (or how little) your baby is sleeping, or your baby seems overly cranky and cannot be easily soothed, talk with your doctor.
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Definition of Arbitration Alternative Dispute Resolution Attorneys. Arbitration is a legal technique for the resolution of disputes outside the courts, wherein the parties to a dispute refer it to one or more persons (the arbitrators, arbiters or arbitral tribunal), by whose decision (the award) they agree to be bound.
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Arbitration In this chapter: Arbitration. Commercial arbitration is when a dispute is referred if, as a result of the requirements of the construction contract, there is an 'arbitration agreement' requiring the dispute to be determined by a person (arbitrator) other than a court.
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Arbitration Everywhere, Stacking the Deck of Justice American Express Cardmember Agreement American Express is one of a growing number of companies that include arbitration clauses in their consumer contracts. The section on arbitration can be found toward the end of the contract, which contains several thousand words of legal language.
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Puberty Changes In Boys: What To Expect Others may feel anxious about the fact that they are starting puberty before or after most of their peers. Boys should be informed that puberty can start at very different ages and progress at different rates. However, if a boy has not started puberty by age 15, he should see a doctor to rule out possible health complications. In addition, boys will also experience an increase in their sex drive once they hit puberty. This results in a number of responses, from developing romantic feelings for someone to having sexual thoughts or impulses. Bottom Line. Boys go through a lot of confusing and startling changes during puberty.
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arbitration Definition of arbitration: Settlement of a dispute (whether of fact, law, or procedure) between parties to a contract by a neutral third party (the arbitrator) without resorting to court action. Arbitration is usually voluntary ...
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What is an Arbitration Agreement? Arbitration is a way of resolving a dispute without filing a lawsuit and going to court. The arbitration process is similar to the proceedings in a court case: the parties may have lawyers, they exchange information, and there is a hearing where they question witnesses and present their cases.
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- Arbitration is a process where parties to a dispute engage the services of an independent third party, known as an Arbitrator, to decide the case at issue. At Solvit Dispute Resolution, we provide Arbitration services in the following areas: 1  Labour and Employment.
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International arbitration International arbitration. International arbitration is arbitration between companies or individuals in different states, usually by including a provision for future disputes in a contract. The predominant system of rules is the UNCITRAL Arbitration Rules, as well as the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958. The International Centre for the Settlement of Investment Disputes also handles arbitration, but it is particularly focused on investor-state dispute settleme
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- arbitration is a way for people to obtain final binding enforceable settlements of disputes in divorce separation or business without going to court the purpose of arbitration is to determine a final decision on all matters brought to the arbitration the arbitrator s role is to act as a private judge in arbitration a neutral third party the arbitrator imposes a binding enforceable decision on the parties to the arbitration the arbitrator controls the process which can be as formal as a trial or as informal as mediation and the outcome which is a binding enforceable decision
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Arbitration Agreement Definition: An arbitration agreement is a contract by which the parties undertake to submit a present or future dispute to the decision of one or more arbitrators, to the exclusion of the courts.he Commercial Arbitration Act of British Columbia defines an arbitration agreement as: Arbitration agreement means a written or oral term of an agreement between 2 or more persons to submit present or future disputes between them to arbitration, whether or not an arbitrator is named.....
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arbitration The submission of a dispute to an unbiased third person designated by the parties to the controversy, who agree in advance to comply with the award—a decision to be issued after a hearing at which both parties have an opportunity to be heard. Arbitration is a well-established and widely used means to end disputes.
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- Full Definitions of clause. 1. a clause in a contract providing for arbitration of disputes arising under the contract. a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount.
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What is an arbitration agreement? An arbitration agreement is a written contract in which two or more parties agree to settle a dispute outside of court. The arbitration agreement is ordinarily a clause in a larger contract.
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- Binding arbitration means that the parties waive their right to a trial and agree to accept the arbitrator's decision as final. Generally, there is no right to appeal an arbitrator's decision. Non-binding arbitration means that the parties are free to request a trial if they do not accept the arbitrator's decision.
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- Before we discuss what an arbitration looks like, it helps to understand what an arbitration clause can include. Arbitration clauses can be simple -- stating that claims will be settled according to applicable arbitration rules and then enforced by a local court. But arbitration clauses can also be more complex, controlling a large number of matters, such as how arbitrators will be selected, where the arbitration will be held, who will pay for attorneys' fees, and whether the final arbitration award must be kept confidential.
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- Arbitration clause is a contract provision that mandates arbitration of disputes about the rights, duties, and liabilities of the contracting parties. This provision results in the avoidance of USLegal Home
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INDUSTRIAL RELATIONS AND LABOUR WELFARE Arbitration, a form of alternative dispute resolution (ADR), is a technique for the resolution of disputes outside the courts. The parties to a dispute refer it to arbitration by one or more persons (the arbitrators, arbiters or arbitral tribunal), and agree to be bound by the arbitration decision (the award).
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What is arbitration? Arbitration is a means of conflict dispute that is present in many of the most common mortgage loan purchase agreements.
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- The question of arbitration clauses in administrative contracts, such as those in the ETA concession agreement, had been unsettled and open to debate. The new Arbitration Act resolves the question of whether arbitration clauses in administrative contracts are enforceable or not.The answer is affirmative: arbitration clauses in administrative contracts are valid and enforceable, and parties must comply with the awards as determined by the proper arbitral tribunals.ection 15 of the Arbitration Act specifically provides that in an agreement between a governmental agency and a private party, the parties may agree to resolve any disputes pertaining to the agreement by means of arbitration, and that such arbitration agreement shall be binding upon the parties.
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What is Arbitration? Arbitration is an alternative to court action (litigation), and generally, just as final and binding (unlike mediation, negotiation and conciliation which are non-binding). The object of arbitration is to obtain a fair resolution of disputes by an impartial third party without unnecessary expense or delay.
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binding arbitration binding arbitration noun a judgment made by a third party to settle a dispute between two other parties, which is obligatory (both parties agree in advance to abide by the result)
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Arbitration Arbitration, a form of alternative dispute resolution (ADR), is a way to resolve disputes outside the courts. The dispute will be decided by one or more persons (the arbitrators, arbiters or arbitral tribunal), which renders the arbitral award. An arbitral award is legally binding on both sides and enforceable in the courts.
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Definition of Arbitration Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions.