Arbitration is a dispute resolution process in which one or more arbitrators, chosen by the disputing parties or appointed by an arbitration institution, render a binding decision.
Unlike a court trial, arbitration is intended to be a faster, confidential, and often less expensive method of resolving disputes.
1. Arbitration Agreement: It begins with an agreement between the parties to submit their dispute to arbitration. This agreement may be set out in an existing contract or formulated after the dispute arises.
2. Selection of Arbitrators: Based on the agreed terms, the parties select one or more neutral arbitrators with expertise in the relevant field.
3. Arbitration Procedure: The parties, assisted by their arbitrators, establish the schedule and rules for the arbitration procedure. They then present their evidence and arguments.
4. Arbitration Award: After reviewing the evidence provided by the parties, the arbitrators issue a final decision, called an arbitral award, which is binding and enforceable.
If you wish to initiate arbitration proceedings, please contact us via our contact form. We will provide you with detailed information on the steps to follow and how to prepare your case for arbitration.
For any questions or requests for additional information regarding arbitration, please do not hesitate to contact me.
Confidentiality: Arbitration proceedings and decisions are not public, thus offering a high level of confidentiality.
Timeframe: Arbitration often resolves disputes more quickly than a court trial.
Expertise: The parties can choose arbitrators with specific expertise in the relevant field.
Flexibility: The rules of procedure can be adapted to the parties’ needs.
Enforceable: Arbitration awards are recognized and enforceable in many countries around the world.
Conflict Resolution and Arbitration
Conflict Resolution and Arbitration
Need a business or family law lawyer in Gatineau? Are you starting your own business? Considering a separation? Need legal advice?
