arbitration: absenteeism and accelerated proceedings
Two key things to grasp in arbitration are absenteeism and accelerated proceedings. Both of these notions are important in the arbitration process and may significantly impact the result of a dispute.
Absenteeism, or failing to reply to arbitration proceedings without a sufficient cause, may have substantial ramifications for the missing party. In most cases, the tribunal has the authority to continue the arbitration procedures in the absence of the party under the relevant legislation or arbitration rules. Nevertheless, the party's legal representative must first examine the grounds for the absence and certify that the missing party has received adequate written notice.
Another crucial notion to grasp is expedited arbitration proceedings. These procedures are intended for basic legal ties or modest monetary issues. Most arbitration rules provide for accelerated proceedings, and parties may agree to use expedited procedures in other instances.
Accelerated arbitration processes are often performed by a single arbitrator and are more flexible and time-efficient than conventional arbitration hearings. On the other hand, legal representatives who handle accelerated arbitration proceedings must pay close attention to the appropriate timeframes.
Legal counsel may conduct accelerated arbitration matters in the same way that ordinary arbitration hearings are handled. They must, however, be aware of the special criteria of accelerated processes.
Finally, absenteeism and hastened processes are important notions in arbitration. The legal representation must comprehend the repercussions of absence and be conversant with the accelerated arbitration rules and processes. They can assist their clients in obtaining the best possible result in their arbitration processes.