[Home]History of Arbitration

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Revision 2 . . November 22, 2001 6:24 am by Larry Sanger
Revision 1 . . (edit) November 22, 2001 5:12 am by Red Bowen [definition]
  

Difference (from prior major revision) (no other diffs)

Changed: 1c1
An administrative alternative to the courts for whereby the parties (sides) to a dispute submit their respective positions (through agreement or hearing) to a neutral third party (the arbitrator[s]) for resolution. If either side appeals the result to a court, that court will not change the arbitrator's findings of fact but will decide only whether the arbitrator applied the law correctly to those facts.
Arbitration, in the law, is an administrative alternative to the courts for whereby the parties (sides) to a dispute submit their respective positions (through agreement or hearing) to a neutral third party (the arbitrator(s)) for resolution. If either side appeals the result to a court, that court will not change the arbitrator's findings of fact but will decide only whether the arbitrator applied the law correctly to those facts.

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