There are two different processes of Arbitration
1. Is an informal hearing, in the commercial court, in the Queens bench division.
However
2. The other is where parties, submit claims to a private arbitrator ( this type of arbitration is RELEVANT to ADR)
- Private Abitration is governed by the Arbitration act 1996, section one of the act sets out the principles.
- Arbitration is voluntary submission by parties, of their dispute, to the judgement of a person other than a judge.
- An agreement is written in writing -> The arbitration act only applies to written agreements
- Precise way Arbitration is carried out, is left to parties agreement.
- Many commericial companies, have a Scott v Avery clause, which states in case of a dispute arising they will use, Arbitration.
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