Private arbitration is a process of resolving disputes between people or companies outside of a formal court system. It involves a neutral third party, known as an arbitrator, who listens to both sides and makes a decision. It's called "private" because it happens privately and not in a public courtroom.
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«private»
«arbitration»
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Sentences with «private arbitration»
- «They are not attempting to remove this case to federal court in order to increase their changes that the matter will be decided in private arbitration,» he wrote. (vox.com)
- The increased use of private arbitration in the construction dispute field has resulted in less disputes coming before our courts. (lawyer-monthly.com)
- They say they intend to file a petition with the federal court to force the matter back into private arbitration as quickly as possible. (washingtonpost.com)
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