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» Arbitration Procedures

» What Is Arbitration?

» What Disputes Are Eligible For Arbitration?

» Who Are The Arbitrators?

» Can I Be Represented By An Attorney?

» How Is Arbitration Begun?

» What Happens After The Claim Is Filed?

» Appointment Of Arbitrators

» Can I Challenge An Arbitrator?

» What Are Challenges For Cause?

» How Do I Prepare For A Hearing?

» How Are The Hearings Conducted?

» How Are The Parties Notified Of Decisions?

» Conclusion

» Glossary Of Terms

» About This Information

GLOSSARY OF TERMS

Answer - A respondent's written reply to a claim.

Arbitration/Counsel or Arbitration Administrator - The person at the sponsoring organization who handles administrative matters in arbitration proceedings.

Arbitrator - A person chosen to decide disputes between parties.

Award - The written determination of the arbitrator(s).

Claim - A demand for money or other relief.

Claimant - A person making a claim.

Counsel - An attorney who advises and represents a party in an arbitration.

Counterclaim - A claim against the claimant.

Cross-Claim - A claim by a respondent against a co-respondent previously named by the claimant.

Filing - Delivery to the Director of Arbitration of the statement of claim or other pleadings, to be kept on file as a matter of record and reference.

Panel - The arbitrator(s) who decide(s) a dispute.

Party - A person or broker/dealer making or responding to a claim in an arbitration proceeding.

Pleadings - The claim, answer, counterclaim, and/or third-party claim and/or cross-claim filed in an arbitration.

Respondent - The person against whom a claim is made.

Service - Delivery of the statement of claim or other pleadings to those parties named in the arbitration.

Third-Party Claim - A claim by the respondent against a party not already named in the proceeding.



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