dispute resolution methods Flashcards
1
Q
ADRs
A
mediation
conciliation
arbitration
2
Q
mediation
A
- least formal
- impartial third party (mediator)
- mediators facilitate discussion
- do not make determinations
- can be ordered by MC, CC and SCs to do before trial
- non-binding unless signed deed of settlement (both parties)
3
Q
terms of settlement
A
legally binding doc outlining the agreement which is enforceable though courts
4
Q
conciliation
A
- make suggestions but not determinations
- specialist knowledge
- non-binding unless signed deed of settlement (both parties)
5
Q
arbitration
A
- most formal method
- arbitrator = impartial and expertise
- makes legally binding and enforceable decision
- X bound by strict rules of evidence