What is Arbitration?

 

A type of alternative dispute resolution (ADR) where a claim is decided by an appointed expert arbitrator rather than through conventional Court proceedings. Arbitration is usually used in complex and technical disputes, such as building disputes, where a technical expert such as a surveyor can be appointed to decide the case on the basis of the technical aspects of the dispute. Both parties have to agree to arbitration and the decision is usually binding i.e. when a determination is made there is no recourse to Court proceedings if one of the parties doesn’t like the outcome.

 

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