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Arbitrator will make an “award” and giving the reasons for doing so. The courts will not intervene in the arbitrator’s decision but they do maintain the supervisory role where all arbitration proceedings are free to challenge by Judicial Review. (Collins, 1997)
The previous Arbitration Acts have been replaced by the Arbitration Act 1996 which provides a new approach to be a proper alternative to litigation. The advantages of arbitration are often said to be speed, cost and lack of formality. They also include binding decision which can be enforced by the court with the minimum of publicity and the absence of a binding precedent for similar cases...
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Common topics in this essay:
- Alternative Dispute Resolution (ADR)
- Alternative Dispute Resolution Methods
- Alternative Dispute Resolution Summary
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- The different types of alternative dispute resolution (“ADR”) procedures.
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- Generally Courts And Alternative Dispute Resolution Bodies Resolve Legal Disputes In A Just Manner
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