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DISCUSS YOUR CASE <\/a><\/p>\n Arbitration<\/strong>\u00a0is a form of\u00a0alternative dispute resolution<\/a>\u00a0(ADR) that resolves disputes outside the\u00a0judiciary<\/a>\u00a0courts<\/a>. The dispute will be decided by one or more persons (the ‘arbitrators’, ‘arbiters’ or ‘arbitral tribunal<\/a>‘), which renders the ‘arbitration award<\/a>‘. An arbitration decision or award is\u00a0legally binding<\/a>\u00a0on both sides and\u00a0enforceable<\/a>\u00a0in the courts, unless all parties stipulate that the arbitration process and decision are non-binding.[1]<\/a><\/p>\n Arbitration is often used for the resolution of\u00a0commercial<\/a>\u00a0disputes, particularly in the context of\u00a0international commercial transactions<\/a>. In certain countries such as the\u00a0United States<\/a>, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts and may include\u00a0a waiver of the right to bring a class action claim<\/a>. Mandatory consumer and employment arbitration should be distinguished from consensual arbitration, particularly commercial arbitration.<\/p>\n There are limited rights of review and appeal of arbitration awards. Arbitration is not the same as:\u00a0judicial proceedings<\/a>\u00a0(although in some jurisdictions, court proceedings are sometimes referred as arbitrations[2]<\/a>), alternative dispute resolution,[3]<\/a>\u00a0expert determination<\/a>, or\u00a0mediation<\/a>\u00a0(a form of settlement\u00a0negotiation<\/a>\u00a0facilitated by a neutral third party). Source: Wikipedia.<\/p>\n The American Arbitration Association (AAA) provides efficient, effective alternative dispute resolution (\u00a0ADR<\/a>) case administration for business-to-business (B2B) claims. See:\u00a0https:\/\/www.adr.org\/commercial<\/a><\/p>\nCommercial Arbitration<\/h2>\n
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