
Arbitration is where a third party makes a decision on a dispute to resolve it. We have experience of arbitration, both as an arbitrator and as an advisor in arbitrations. Our Paul Bennett has undertaken arbitrations previously in IT services, in relation to contracts and in the sporting arena.
If you have a partnership or shareholder dispute and you want to appoint Paul Bennett as an arbitrator he will consider the arguments from both sides initially on appointment on paper and then make some directions to ensure that a fair hearing can occur.
At the hearing, which can occur by telephone in urgent situations or Teams or Zoom or in person the arbitrator will then make a decision based upon the evidence presented. Paul Bennett commented:
"Arbitration is uniquely suited for contractual disputes including partnership or shareholder disputes. Our expertise both in the construction and interpretation of contracts and our specialism in professional services advice means we are uniquely qualified to act as an arbitrator in these disputes."
We will review the papers within a few days and revert to the parties.
If you would like to discuss the costs of appointment prior to doing so please email an outline of the dispute and its value to the same email address. The great advantage of arbitration over other forms of ADR and mediation and is that you are certain that an outcome will be achieved, the arbitrator will make a decision and the arbitrator's decision will be legally binding and enforceable and as a consequence if you are considering different forms of ADR you should balance the benefit of certainty and a decision akin to a court achieved quickly, against the mediation benefit of the parties finding their own solution and achieving a win/win.
With the different types of ADR there are naturally distinct advantages and disadvantages. Importantly though arbitration has the advantage of certainty of outcome.
We can be appointed on a joint basis by the parties by emailing info@arbitrationandmediation.co.uk with the subject matter 'Arbitration Appointment'.
Send us a quick message using the following form and we will get back to you as soon as possible...