ARBITRATION as a method of alternative resolution Flashcards

1
Q

what is arbitration

A

voluntary submission of the parties to the dispute being dealt with by an independent 3rd party (arbitrator) who is chosen by parties —> they normally have experience in the field of dispute

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2
Q

what is arbitration governed by

A

Governed by Arbitration Act 1999

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3
Q

when can decisions to arbitrate be made

A

can be made before and after the time of dispute

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4
Q

what are the common disputes seen in arbitration

A

often business disputes such as involving binding contracts —> can be requirements to arbitrate due to Scott v Avery clause in written agreement before dispute arises—> clauses are found in package holidays and phone contracts

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5
Q

what does ABTA provide

A

arbitration scheme that resolves disputes within 10 weeks between travel companies e.g. Thomas Cook 2019

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6
Q

what does the institute of arbitrator provide

A

trained arbitrators who have expertise in relevant areas

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7
Q

parties agree arbitrators

A

parties agreed on arbitrators, date, venue and procedure to be used

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8
Q

what are the procedures like in arbitration

A

they can be formal court like hearings with witnesses giving evidence or paper arbitration= parties put forward arguement in writing to arbitrator who makes a decision

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9
Q

what are the panels like in arbitration

A

the arbitrator sits on the same level as parties unlike civil courts —> legal representation is very common

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10
Q

what are the decisions made by an arbitrator called

A

AWARDS

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11
Q

are the decisions made in arbitration legally binding

A

they are legally binding under the arbitration act 1996 and can only be appealed in special circumstances such as serious irregularity

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