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Arbitration is a dispute resolution process in which a neutral third party or panel hears a dispute between two or more parties and, after carefully reviewing all relevant information, issues a final decision. At the FORUM, our arbitrators base their decisions on published rule sets and substantive law. Depending on the rules of the arbitration, the decision may be either binding, in which case the decision is final, legally enforceable, and has limited grounds for appeal; or it may be non-binding, in which case either party may reject the arbitrator’s decision and opt to litigate (or pursue another form of ADR) to resolve the dispute.
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