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Day: October 15, 2021

What on earth is arbitration?

b1 - What on earth is arbitration?

Arbitration is a system and method of dispute resolution whereby parties to a dispute agree, on a voluntary basis, to submit the dispute to a non-judicial third party who will render an award that is binding on all parties to the dispute. Arbitration is contractual, autonomous, civil and quasi-judicial in nature. In layman’s terms, arbitration […]

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