Arbitration is a method of resolving disputes outside of court. Parties refer their disputes to an arbitrator who reviews the evidence, listens to the parties, and then makes a decision. The arbitration process is less formal than a courtroom hearing or trial (and often less expensive), but more formal than mediation or negotiation. Most arbitrations arise because of an arbitration clause in a contract, in which the parties have agreed to resolve any disputes arising out of the contract through arbitration.
Choosing an Arbitrator: Many arbitration agreements require that disputes be arbitrated through one of the big arbitration groups or associations. Others leave it up to the parties to agree upon a particular arbitrator or a panel of arbitrators.
How to submit a claim:
Note: For efficient resolutions and undue delay RM&A may forgo preliminary precise such as but not limited to, pre-conferencing, discovery, motion filing, unless at least one party objects and does so in writting. The selected arbitrator will have final say in accordance to RM&A Rules for Arbitration. See Rules.
At this stage either the lender or borrower initiate a claim via our web submission form or via email and pay the appropriate administrative fee. The administrative fee covers the review, coordination, mailings and tracking of the claim.
A case manager reviews all submitted documents and makes coordination for resolution. The case manager will either contact the opposing party(s), or request missing information to be submitted for resolution in a reasonable time. Resolution may not be favorable to one party or the other, as mediators and arbitrators are trained to be fair and impartial.
During this process (usually 10 -15 days), the case manager contacts the nonmoving party and a response is received whether they agree to the services requested or mandated by contract (mediation, arbitration, facilitation).
During this stage the claim is either set for resolution (virtual or in person mediation/arbitration), or a case memorandum is prepared to the moving party(s) with a recommendation for final resolution. At the close of a successful mediation parties will receive a copy of the signed agreement(s), while at arbitration parties will receive a copy of the arbitrator’s decision called an “award” within 10 days of the hearing electronically and by certified mail.
Start on your path to dispute resolution with our Resolute Arbitration. Resolute Arbitration gets results. Convenient arbitration at our office, over the phone, through email or web virtual arbitration!
Call Us Today! 1.866.384.4563 or email; firstname.lastname@example.org.
Traditional in person meeting with our arbitrator at our office in downtown Orlando. Parties “meet” with our arbitrator online via web-conference. This option saves money and it is convenient because parties may attend from their office or home.Similar with web arbitration, but communication is via phone.