On the Record, Episode 17 is about commercial arbitration.
Alex’s interview is the first time Mick has interviewed an adversary – Alex and Mick battled in a commercial arbitration that went through a full hearing to an award, conducted pursuant to the Arbitration Act, 1991.
Alex points out some of the advantages of commercial arbitration, especially for small commercial disputes where an amount between $35,000 – $90,000 is at stake.
For those interested in reading up on the process followed, the parties agreed to Hassell Arbitration’s rules for claims over $50,000 with modifications.
Arbitrator Marvin Huberman was appointed by the parties to hear the case and wrote an award that Alex describes as, “very helpful because it showed exactly [Arbitrator Huberman’s] thinking in making the award.”
More on Arbitration
For more information on arbitration, please check out the following articles:
- Steps in an Arbitration
- How to Start an Arbitration
- Precedent Notice Demanding Arbitration
- Precedent Arbitration Statement of Claim and Arbitration Statement of Defence
- An Overview of the Arbitration Act, 1991
Resources by a trial lawyer, available online:
If you would like legal advice from an experienced trial lawyer:
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