“Arbitration Claimants and Respondents” refers to the parties in arbitrations. An arbitration is an alternative to having a trial in a courtroom. Both or all of the parties have to agree to have an arbitration instead of a courtroom trial. This agreement might be in a contract that the parties signed when they first decided to do business together, before any dispute arose between them. Even without a contract, the parties can still agree to settle their differences in an arbitration after their problems arise.The terms “Arbitration Claimant” or “Petitioner” refer to the party who brought the arbitration. The terms “Arbitration Respondent” or “Defendant” refer to the person or company that is being sued in the arbitration.
There are many different organizations that conduct arbitrations for parties, such as the American Arbitration Association (the “AAA”) and the FInancial Industry Regulatory Authority (“FINRA”). Each organization may have its own rules for how it conducts arbitrations, which may be different than the rules that other organizations use, and may be different than the rules that a court would follow. Sometimes the parties can also agree on their own rules and procedures, so long as the arbitration organization is willing to accommodate them. An arbitration is decided by one or more “arbitrators”, unlike a courtroom trial which is decided by a judge and/or a jury.
If you would like information about The Pickholz Law Offices’ experience representing Arbitration Claimants and Respondents, or think that you may become an Arbitration Claimant or Arbitratio Respondent, please feel free to click on the “Sample Matters” link and the other links on the right side of this page.
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Arbitration Claimants and Respondents | Arbitration Claimant | Arbitration Respondent