Arbitration

Arbitration

Arbitration

Arbitration is one form of dispute resolution alternative to court litigation. Perhaps it should be called one form of “Appropriate Dispute Resolution”. Its purpose is to utilize an adjudicator to resolve a dispute that cannot be resolved through consensus and court litigation appears to be prohibitively expensive, inconvenient, or both. While arbitration is the most frequent dispute resolution mechanism for international matters, it is also very appropriate for disputes of commercial and real estate matters. Rather than proceeding through the formal steps of a court of law and the random appointment of a judge, arbitration involves the disputants in the choice of adjudicator (an independent and unbiased person) and to a certain extent their choice of governance of the dispute. The eventual decision is an award, rather than a court judgement. Both are equally binding.

To assist parties who are pursuing a case through arbitration, VanIAC has made resources and other information available to help you file your case accurately and efficiently.

Once you are ready to file your case with VanIAC, you will need to complete the appropriate forms, below. Submitting the correct filing form is important. To do this, determine the type of case (commercial, international, UMP etc.), whether your contract includes an arbitration provision, and the type of dispute resolution method desired.

If your contract clause provides for arbitration, select the forms to file your case. If there is no arbitration agreement or the VanIAC is not named as the dispute resolution service provider, you will need to obtain the other parties’ consent to arbitrate through VanIAC and then use the appropriate forms to begin the resolution process.