In advising resort to arbitration, counsel generally weigh factors such as informality, speed, cost, confidentiality, fact-finder expertise and venue. In effect, arbitration allows parties to free themselves from the one-size-fits-all rules of civil procedure and create an adjudicatory system specifically tailored to the needs of the litigants.
But once the decision to arbitrate is made, attention must be given to the framework controlling the conduct of the arbitration itself, including how arbitration awards may be judicially reviewed and enforced. For example, the parties may consider whether they wish to proceed under the Federal Arbitration Act (FAA), the Pennsylvania Uniform Arbitration Act (PUAA), common law arbitration or even procedures under arbitration acts that have been repealed.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]