Arbitration
Summary
Arbitration, a form of alternative dispute resolution (ADR), is a legal technique for the resolution of disputes outside the courts, wherein the parties to a dispute refer it to one or more persons (the "arbitrators", "arbiters" or "arbitral tribunal"), by whose decision (the "award") they agree to be bound. It is a settlement technique in which a third party reviews the case and imposes a decision that is legally binding for both sides. Other forms of ADR include mediation (a form of settlement negotiation facilitated by a neutral third party) and non-binding resolution by experts. Arbitration is most commonly used for the resolution of commercial disputes, particularly in the context of international commercial transactions.
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Leveson's media arbitration scheme| Ned Beale
Lord Justice Leveson's report recommends that claims against the press be resolved fairly, quickly and cheaply by means of an arbitration scheme established by a new (statutory) regulator.
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FT journalists to escalate industrial action in pay dispute
Angry journalists at the Financial Times have threatened to escalate their industrial action over a pay dispute.
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Talks fail to resolve pay dispute at Financial Times NUJ members plan industrial action starting today
Talks aimed at averting a strike by NUJ members at the Financial Times have broken down at the arbitration service ACAS and industrial action is planned to go-ahead this afternoon.
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Financial Times strike to go ahead
An attempt at arbitration over the threatened strike by journalists at the Financial Times appears to have failed.
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Western Digital told to pay $525 million in arbitration
(Reuters) - Hard drive maker Western Digital Corp said it was asked to pay $525 million in an arbitration brought by competitor Seagate Technology LLC, but analysts said it was still a long way to go before the matter was resolved.
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NUJ calls for arbitration over South Yorks strike
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New company offers media speedy libel solutions
Early Resolution, a new not-for-profit company which aims to provide quick and cheap solutions to libel actions, is launched today.
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Early Resolution offers a lifeline for journalists
Imagine this nightmare scenario if you were the editor of a regional paper: a letter from the libel lawyers Carter Ruck threatens legal action after you have published a long and careful investigation into the local mosque and its links to radical Muslim elements. Carter Ruck write that they are acting on a conditional fee basis and will be taking out an insurance policy for £100,000 worth of legal cover.
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Relativity Hits Back At Weinstein Co. Over 'The Crow,' Says Studio Botched 'Nine' Release
The battle to release "The Crow" is getting more intense, with attorneys for Relativity filing a motion in Los Angeles Superior Court on Thursday to compel arbitration in a rights dispute with The Weinstein Company.
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Securities Star Chambers
Gretchen Morgenson sees hope in a recent arbitration case that, incredibly, found in favor of actual human beings against Citigroup's Smith Barney unit, which had sold as safe what was actually a risky and highly levered municipal bond arbitrage deal. What's more, the three-member arbitration panel levied a serious penalty: $54.
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