Commercial arbitration is a process by which a dispute between the parties to a contract is determined by an independent individual (an “Arbitrator”), whose decision is agreed by the parties to be binding on them.
Commercial arbitration is increasingly a means by which parties to building and/or construction contracts attempt to minimise the costs and delays of resolving disputes and to maintain confidentiality with respect to disputes.
The process of arbitration and scope of the arbitrator’s authority is generally governed by the arbitration clauses in the relevant contract and generally relevant legislation in each state, which includes the Commercial Arbitration Act 2012 (WA).
Rowe Bristol Lawyers is experienced at providing legal advice and services in relation to commercial arbitrations, including:
- providing advice in relation to the terms of arbitration clauses in contracts;
- assisting in the selection of an appropriate Arbitrator as permitted by the terms of the relevant arbitration clause;
- preparing necessary documents for the arbitration process;
- liaising with Arbitrators and other parties to the dispute to progress the arbitration process;
- representing clients in the arbitration process;
- enforcing an award made by an Arbitrator; and
- appealing an award made by an Arbitrator.
If you require legal advice in relation to a commercial arbitration, please contact us to arrange a meeting so that we may consider your specific circumstances.
The above information in relation to commercial arbitrations is provided as general information only and should not be relied upon as legal advice. The accuracy of this information may have changed from the date whenit was published.