Glossary Archive

Arbitration Summons An Arbitration Summons is a legal document that initiates the arbitration process, compelling the parties involved in a dispute to participate in arbitration proceedings instead of pursuing litigation in court. Typically, the summons informs the parties of the initiation of arbitration, provides details regarding the arbitrator or arbitration panel, outlines the rules governing...

Arbitration Transparency Arbitration Transparency refers to the degree of openness and accessibility of the arbitration process, particularly in commercial and investment disputes. Unlike court proceedings, which are generally open to the public, arbitration often takes place behind closed doors, leading to concerns regarding accountability and fairness. In an arbitration setting, the parties involved agree to...

Arbitrator An arbitrator is an impartial third party appointed to resolve disputes outside of the court system through a process known as arbitration. The role of the arbitrator is to listen to the evidence and arguments presented by both parties involved in a dispute and make a binding decision, known as an award. Arbitrators are...

Arbitrator Bias Claim An arbitrator bias claim refers to an allegation made by one party in an arbitration process that the arbitrator, who is the neutral third party responsible for resolving the dispute, has a bias that influences their decision-making. Such claims are grounded in the principle that arbitrators must maintain impartiality and independence to...

Arbitrator Conflict of Interest Disclosure An arbitrator conflict of interest disclosure refers to the obligation of an arbitrator to reveal any potential conflicts of interest that may affect their impartiality in a dispute resolution process. This disclosure is essential to maintain the integrity and fairness of arbitration proceedings. Arbitrators are expected to be neutral and...

Arbitrator Disqualification Overview Arbitrator disqualification refers to the process of removing an arbitrator from a case due to concerns about their impartiality or conflict of interest. Arbitrators serve as neutral third parties who facilitate the resolution of disputes through arbitration, and maintaining their objectivity is crucial for the integrity of the arbitration process. Detailed Explanation...

Arbitrator Oath An Arbitrator Oath is a formal pledge made by an arbitrator before they begin the arbitration process. This oath is designed to ensure that the arbitrator will conduct the proceedings fairly, impartially, and in accordance with the relevant laws and procedures. Arbitrators, who are neutral third parties chosen to resolve disputes outside of...

Arbitrator Qualifications Arbitrator qualifications refer to the necessary skills, education, and experience required for an individual to serve as an arbitrator in a dispute resolution process. Arbitration is an alternative dispute resolution (ADR) mechanism where a neutral third party, the arbitrator, is appointed to resolve disputes outside of the court system. Generally, arbitrators are expected...

Arbitrator Replacement Procedure The Arbitrator Replacement Procedure refers to the method by which a substitute arbitrator is appointed in the event that the original arbitrator is unable to fulfill their duties during arbitration proceedings. This procedure is critical in ensuring that the arbitration process continues smoothly and without unnecessary delays. Typically, the process begins when...

Articles of Incorporation The Articles of Incorporation are a set of formal documents filed with a state government to legally establish a corporation. These documents outline essential information about the corporation, including its name, purpose, duration, registered agent, and the number and type of shares it is authorized to issue. Each state has its own...