Most of you have agreed to an arbitration procedure and did not even know it. Larger companies often include this provision in their online terms and conditions in the long block of text you have to scroll through before clicking that ‘I Agree’ button to get on with making your purchase The arbitration clause typically requires that any claim be submitted to a particular arbitration organization instead of filing a lawsuit. This begs the question: If it is a good idea for them, should you include an arbitration clause in your contracts? Learn more: https://lnkd.in/gZmCa6Q6 #vethanlaw #litigation #businesslaw
Vethan Law Firm P.C.’s Post
More Relevant Posts
-
Understanding Arbitration Types: Choosing the Right Path to Resolve Disputes Explore the various types of arbitration to find the perfect solution for resolving conflicts smoothly and efficiently. Whether it's commercial, domestic, or international, each type of arbitration offers unique advantages tailored to your needs. Dive into the details and empower your decision-making! Read more: https://lnkd.in/dPbGFB_9 #Arbitration #DisputeResolution #LegalAdvice #CommercialLaw #AlternativeDisputeResolution #InternationalLaw #LegalKnowledge #BusinessLaw #ConflictResolution #RestTheCase
To view or add a comment, sign in
-
-
Do you have an arbitration clause in your agreements? Depending on the situation, it may be more beneficial to eliminate it because there are pros and cons to requiring arbitration. For example, one benefit is that arbitrations can be confidential, meaning they aren't publicly searchable. If you're looking to shield an issue from public exposure, an arbitration may be a good avenue. One disadvantage to arbitrations, however, is that it is very difficult to appeal an arbitration. Appeals are only available in certain circumstances and are very rare. That means, if you don't like the decision, you likely will not be able to get a second chance at having it be decided. - Catherine Pastrikos Kelly #business #litigation #attorney https://lnkd.in/ekH4VStn
To view or add a comment, sign in
-
In the past 8 years of my practice, I've handled multiple International Commercial Arbitration cases, including confidential ones. What sets it apart for me? The expeditious procedure and dedication to justice. One cannot ignore the fact that in today's fast-paced world, dragging out lawsuits just ain't feasible for companies. #Arbitration #Justice #SwiftJustice
To view or add a comment, sign in
-
Arbitration Alert! Did you know that if multiple interconnected agreements are part of a single commercial transaction, an arbitration clause in ONE of the agreements can be used to refer disputes to arbitration? The courts have held that: - Interconnected agreements are considered a single commercial transaction. - An arbitration clause in one agreement can govern disputes arising from ALL interconnected agreements. This means that even if only one agreement has an arbitration clause, it can still be used to refer disputes to arbitration for all interconnected agreements! #Arbitration #CommercialTransactions #InterconnectedAgreements #ArbitrationClause #DisputeResolution #BusinessLaw #ContractLaw #LawFirm #ArbitrationLawyer
To view or add a comment, sign in
-
-
Arbitration is a powerful tool for resolving disputes efficiently and fairly without going to court. From commercial and labor to international arbitration, each type serves a unique purpose in handling conflicts. Understanding your options can make you make informed decisions and achieve the best possible outcomes. . . . #arbitration #legalsolutions #disputeresolution #knowyourrights #legalmatters #tuljalegal #conflictresolution #businesslaw #fairresolution #legaltips #settlesmart #commercialarbitration #internationalarbitration #domesticarbitration #adhocarbitration #consumerarbitration
To view or add a comment, sign in
-
Third parties outside the #arbitration agreement may participate and join themselves into the arbitral process, if they have related interests and their participation is agreed to by the parties in #dispute and by the arbitrator or arbitral tribunal hearing the dispute. Art. 30 of Arbitration and ADR Law #leksnco #aspiredtoresolvedispute #arbitrationagreement
To view or add a comment, sign in
-
Do you wish to maximise the effectiveness of expert evidence in arbitration? 🔎 In our short guide, we delve into the nuances of expert evidence in arbitration, exploring its importance, challenges, and best practices. Read the guide on our website (link in the comments section). #arbitration #evidence
To view or add a comment, sign in
-
-
Arbitration is a form of alternative dispute resolution where a neutral third party, known as an arbitrator, is appointed to resolve a dispute outside the courts. It's a preferred method for many businesses due to its confidentiality, efficiency, and the ability to choose an expert in the field related to the dispute. Choose arbitration for a less formal, more controlled, and often quicker resolution to disputes. Trust Warrener de Agrela to advocate for your best interests every step of the way. #WarrenerDeAgrela #Arbitration #DisputeResolution #LegalExperts
To view or add a comment, sign in
-
-
Not only a cornerstone of Contracts, the Good Faith is a General Principle of Law. This brilliant arbitration speech is another evidence of the latter💪🏻💪🏻 #contracts #arbitration
To view or add a comment, sign in
-
-
Did you miss #CCAFellow Steven Skulnik’s contribution to this article that discusses the application of mandatory law in U.S. Arbitration? If so, this is worth a click: https://bit.ly/3OqQnJy #CCArbitrators
To view or add a comment, sign in
-