By a Single Arbitrator?
By Mutual Agreement, the Parties May Elect to Have a Single Arbitrator Hear the Matter in Dispute Instead of a Three Person Board. in Such Case, the Party...
By mutual agreement, the parties may elect to have a single arbitrator hear the matter in dispute instead of a three person board. In such case, the party wishing to submit the issue to arbitration should indicate in its notice of intent to arbitrate, that it would like the matter heard by a single arbitrator.
What is an independent arbitrator?
Independent Arbitrator means a neutral and impartial arbitrator (i) who is listed on the American Arbitration Association's national roster of arbitrators, (ii) who has not had and does not have any past, current or potential business, professional, or personal relationship with any of the Parties involved in the ...
Why are there three arbitrators?
Typically, the number is one or three, which avoids a deadlock in the voting of the arbitral tribunal. 2 If the arbitration clause does not contain an agreement on the number of arbitrators, Art. 10 (2) UNCITRAL Model Law provides that the tribunal shall consist of three arbitrators.