Arbitration

Parties who are in dispute and require a formal binding decision to resolve and conclude their dispute can seek the services of an arbitrator. It is usual practice for the parties to appoint just one arbitrator in some cases the parties may appoint a panel of arbitrators, usually three.

The arbitrator (s) are independent, on hearing and or reviewing the documents the parties submit they shall provide an award (decision), which is final and binding on the parties. In some cases a hearing will not be required and the arbitrator can simply provide an award (decision) through the written documents that they have received. Arbitration is much quicker than entering into litigation.