Arbitration panel
Arbitration is a private, contractual form of dispute resolution. It provides for the determination of disputes by a third party arbitrator or arbitration panel, selected by the parties to the dispute. Disputes are resolved based on material facts, documents and relevant principles of law.
Arbitration proceeds in a similar way to litigation, with the submission evidence to a single decision maker (the arbitrator) or an arbitration panel. Their decision is final and legally binding.
An arbitration panel, also known as an arbitral tribunal, can be formed to oversee and determine the outcome of an arbitration hearing. The parties to the dispute are typically able to decide the number of arbitrators that will sit on the panel, or it may be specified in the contract clause that sets out the agreement to use arbitration as a means of resolving disputes.
Arbitration panels can also be appointed by an external party such as the court or an individual/body that has been nominated by both parties to the dispute.
It is common for an arbitration panel to consist of three arbitrators. Each party appoints one arbitrator and they both appoint a third to act as the chairman, to cast deciding votes, and so on.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Corruption in the construction industry.
What will it take to stop it ?
To celebrate world bee day 2022 !
Just one month until the changes to part L come into effect.
Not forgetting part F and the new part overheating part O.
Heat Pump demand rises by one quarter.
As energy prices jump up in cost.
With people in the UK from Ukraine.
Industry leader Steve Murray takes on role.
An abundant and versatile building material.
How overheating complicates ending gas in the UK.
600,000 heat pump installations targeted per year by 2028.
Cost planning, control and related articles on DB.
Helping prevent those unwanted outcomes.
ICE debate Public transport - post pandemic.
How has transport changed due to Covid-19 ?
Cross-ventilation in buildings. Do you have it ?
Will you need it ? after June 15 and the new Part O ?
Share your knowledge with the industry.
Create an account and write the first of many articles.
The green jobs delivery group.
CIAT commentary after the first meeting.
Liverpool's world heritage site status
Who is to blame?
Research recommends focussing on portfolio success rather than project success.
ICE and BSI launch revised PAS 128 standard.
The revised standard for mapping underground utilities.
Launching the UK net zero carbon buildings standard.
Cross-industry steering group seeks support in delivery.