Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is an Arbitrators decision binding?

Arbitrators Binding decision
0
Posted

Is an Arbitrators decision binding?

0

Yes “Binding” arbitration is like a ruling from your local court only better! Because it cannot be appealed. Local court decisions can always be appealed, meaning many months and sometimes years of continued litigation at great expense with the need for the services of an Attorney, making it out of reach of many people. InternetArbitration.org Arbitrators decisions are binding and cannot be appealed. Unless you and the other party wish to make an agreement none binding, tell your arbitrator before the end of your hearing and they will make the decision non-binding or semi-binding, whichever parties prefer. A non-binding decision is one that neither party must adhere to. Non-binding arbitration is sometimes used as part of the negotiation process, sort of an advisory opinion. A semi-binding arbitration means that only one side is bound by the decision and the other party is still free to take the dispute process further if they so desire, that usually means litigation.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.