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Phrases with «arbitral procedure»

The phrase "arbitral procedure" refers to a formal and organized way to resolve disputes or conflicts outside of a court of law. It involves using an arbitrator (a neutral third party) who listens to both sides of the dispute and makes a decision that is binding for both parties involved. It is an alternative to going to court and is used to reach a resolution in a fair and impartial manner. Full definition

Sentences with «arbitral procedure»

  • The revision introduces major changes to the existing arbitral procedure under the DIS Rules and is the result of an extensive consultation process which lasted for almost two years. (wilmerhale.com)
  • The distinction between an agreed arbitral procedure and an imposed court is important. (garwilllaw.com)
  • The new third edition of International Commercial Arbitration will comprehensively address all aspects of the international arbitral process — including international arbitration agreements, international arbitral procedures and international arbitral awards. (wilmerhale.com)
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