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Posts tagged "AAA"

Creative American Arbitration Association (AAA) Procedure Offers Cost-Savings for Three-Arbitrator Panels

The American Arbitration Association ("AAA") has announced on its website that it is offering a "Streamlined Three-Arbitrator Panel Option" for large, complex cases.  It's a fresh idea that is worthy of parties' consideration in cases where the rules (see Section L-2(a)) or the parties' agreement requires a panel of three arbitrators to hear and decide the case. The Streamlined Three-Arbitrator Panel Option allows a single arbitrator to work with the parties in moving the case through the preliminary and discovery stages. A full panel participates in the evidentiary hearing and in rendering the final award.

Rule Change: The Revised Commercial Arbitration Rules of the AAA

In an important development, the American Arbitration Association has revised its Commercial Arbitration Rules to include a host of changes that seek to streamline arbitration and make the process more cost-effective and tightly managed. The rules, which can be found here, are amended and effective as of October 1, 2013. As a result, practitioners filing new arbitration claims that will be governed by the Commercial Arbitration Rules will need to familiarize themselves with the revisions, as they provide significant changes in the process. Litigators should also note that parties to ICDR proceedings may choose to use these rules instead of the ICDR International Arbitration Rules.

How to Keep Your Arbitral Proceedings Confidential

Aside from the flexibility to tailor the process to the particular needs of the case, arbitration also enjoys another major advantage over litigation: The ability to keep the proceedings confidential. Although a party involved in litigation can move to seal the court proceedings, public access to court records is a central tenet of the American legal system that cannot easily be restricted.

Arbitration Confidential: How to Keep Your Arbitral Proceeding Confidential

Aside from the flexibility to tailor the process to the particular needs of the case, arbitration also enjoys another major advantage over litigation: the ability to keep the proceedings confidential. Although a party involved in litigation can move to seal the court proceedings, public access to court records is a central tenet of the American legal system that cannot easily be restricted.

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