BLAW 3100 Chapter Notes - Chapter 3: Alternative Dispute Resolution, Cross-Examination, Regulatory Offence
Document Summary
Processes for resolving disputes as an alternative to the courts. Parties to dispute maintain control of the solution. However, arbitration may be a bit expensive. Courts have more power to extract information. No public record of dispute or decision. Should be the first resource for people who find themselves in a disagreement. Parties discuss the problem with each other in order to find solution. Concessions and admissions made without prejudice (not be used against that person in any subsequent or. Process may enhance relationship current court proceedings)c will not hurt future litigation. Neutral third party helps parties settle dispute. Parties are not bound to accept solutions recommended by mediator. Parties agree on an independent third party to make a binding decision. Often specified as means of resolving dispute original contracts. Usually arbitrators may be specialists in the matter under dispute. Decision cannot be appealed but process may be reviewed by a court.
