Arbitration
A process in which an agreed tribunal decides a dispute through an award, generally binding subject to limited challenge or appeal rights.
by Jack Butler-Kettle · About 1 min readShare
Further detail
Read this alongside section 1 of the Arbitration Act 1996.
An arbitration depends on an applicable arbitration agreement. It produces an award rather than a negotiated settlement, with limited statutory routes for challenge or appeal. Its procedure, fees and timetable differ from adjudication, and confidentiality depends on the applicable arrangements and law.
Identify the dispute clause and obtain specialist advice on proceedings. A Signed contract review and action plan can help organise the contractual issues before that discussion.
Sources
- Arbitration Act 1996, s 1 (General principles). legislation.gov.uk.