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Arbitration News
Who May File An Exception Time Limits For Filing Opposition Service
(a) Either party to arbitration under the provisions of chapter 71 of title 5 of the United States Code may file an exception to an arbitrator's award rendered pursuant to the arbitration.(b) The time limit for filing an exception to an arbitration award is thirty (30) days beginning on the date the award is served on the filing party.(c) An opposition to the exception may be filed by a party within thirty (30) days after the date of service of the exception.(d) A copy of the exception and any opposition shall be served on the other party.
[45 FR 3513, Jan. 17, 1980, as amended at 46 FR 40675, Aug. 11, 1981; 49 FR 22623, May 31, 1984
Arbitration mostly leads to a binding agreement.
Arbitration is an alternative to resolving disputes in court. Arbitration allows the parties involved to choose an individual or several individuals with knowledge and expertise in the subject matter of the dispute to hear each party's evidence and present a binding decision. With arbitration, the arbitrator makes a decision for the parties involved in the dispute, as opposed to mediation, which involves a mediator actively attempting to move the parties to agreement.
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News about Arbitration cases in Colorado and nationwide:
NAFTA Investor-State Arbitrations Chapter Eleven of the North American Free Trade Agreement (the "NAFTA") contains provisions designed to protect cross-border investors and facilita...
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Definition:
Fact finding is a process by which parties present the arguments and evidence to a neutral person who then issues a non-binding report on the findings, usually recommending a basis for settlement.
Filing
Definition:
Delivery to the Director of Arbitration of the statement of claim or other pleadings, to be kept on file as a matter of record and reference
Caucuses
Definition:
Caucuses are meetings in which a mediator talks with the parties separately to discuss the issues.
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