Arbitration Flashcards

1
Q

What is arbitration?

A

A private, confidential process in which both parties agree to let their dispute be settled by a neutral arbitrator or a panel of arbitrators

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2
Q

Arbitration Act 1996

A

Arbitration requires the supervisory support of the court system

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3
Q

Arbitration requires the supervisory support of the court system

A

Arbitration Act 1996

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4
Q

Who settles the dispute in arbitration?

A

A neutral arbitrator or a panel of arbitrators

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5
Q

The neutral arbitrator or panel of arbitrators will usually have experience in what?

A

The field of the dispute

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6
Q

Scott and Avery clause

A

Contracting parties agree to attempt to resolve their disputes via arbitration before requesting the assistance of a court

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7
Q

Contracting parties agree to attempt to resolve their disputes via arbitration before requesting the assistance of a court

A

Scott and Avery clause

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8
Q

Civil court advantages

A
  • Judge is neutral and independent
  • Access to well-educated and fair legal experts
  • Outcomes are legally binding
  • Better access to legal aid
  • Compulsory process
  • Ensures that a judge with the correct level of experience makes the decision
  • Better appeals process
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9
Q

Civil court disadvantages

A
  • Can damage future relations between parties
  • Richer parties can afford better and more experienced lawyers
  • Serious time delays to decision-making. Preliminary courses add to length of case
  • Expensive
  • ADR more experienced with less serious matters
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