The Process of Commercial Arbitration
Fair, effective, and efficient resolution of business and financial disputes.
The process of commercial arbitration can be thought of as very similar to a private trial — with a private judge (the arbitrator), no jury, and completely confidential proceedings — but with
several very important differences. First, the parties themselves may decide what rules will be used, how evidence will be presented and admitted, how the pre-hearing discovery process (if any)
will be handled, and where and when the arbitration hearing will take place.
The parties may also mutually select the actual arbitrator who will preside over the proceeding. This is particularly important in commerical finance and business cases, when the parties must rely upon
the real world experience and subject matter expertise of the arbitrator to hear and understand evidence, to read and comprehend contracts and other technical documents, and to take and understand the
testimony of sworn witnesses.
In short, submitting your business or financial dispute to be heard by a dedicated, specialized, commercial arbitrator offers many advantages over going to court.
It is completely private and confidential
The parties may select any qualified person as their abitrator (or panel of arbitrators)
The process is streamlined and completely under the parties' control
It may take place in any location that is convenient for the parties
It may be completed much more quickly than a trial, saving time and money
If you are not already familiar with the fundamentals of commercial arbitration, you are invited to CLICK HERE
to learn more about how the
process comes about, how it generally works, and what to expect from it.
More Information About Arbitration
Our office will be glad to explain in more detail the procedures and specifics of commercial arbitration and to assist you in learning whether your commercial dispute may be heard in arbitration
with Paul Bent
. Simply click the CONTACT
link to learn how to reach us.