Arbitration in the United States: Difference between revisions

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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.

Revision as of 21:12, 21 November 2001 edit Red Bowen (talk \| contribs) 34 edits m definition		Revision as of 22:24, 21 November 2001 edit undo Larry_Sanger (talk) No edit summary Next edit →
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	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.		<b>Arbitration,</b> 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.