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An arbitrator is a third party who hears both sides of an argument and then makes an impartial decision. The decision announced by an arbitrator is often as binding as if it was announced by a judge.
The decision of the court is ALWAYS binding on everyone, unless it is appealed to a higher court which may overturn the decision.
yes, If the parties involved agree that the decision made will be legally binding
Binding arbitration
The part of decision which is binding
non binding arbitration
Bind or binding means to impose one or more legal duties on a person or institution. For example, the parties are bound by the terms of the contract; the courts are bound by precedents. The words to bind or binding are also used to signify that a thing is subject to an obligation, engagement or liability; to indenture; to legally obligate to serve. See below link:
In binding arbitration, the parties contractually agree that they will be bound and abide by the decision of the arbitrator. In non-binding arbitration, each party is free to reject the decision of the arbitrator and either do nothing or take the matter to court.
The decision is binding for the particular case decided on by the Court. Of course the Government can change the law, and that law must be obeyed.
Mediation of a dispute can often be employed to avoid an impasse or a law suit over differences. In these events, a trained mediator is hired to gather data and render a decision. In the process, the mediator sits down with one party, listens to testimony and reviews documents and evidence. The session may or may not have a time limit or standards imposed as to the types of documents or evidence that can be presented. When one party finishes, and the mediator understands the position, the mediator invites in another party, and the process is repeated. Once the mediator listens to all the arguments and reviews all the documents and evidence, the mediator makes a decision based on the data presented and renders a decision. Depending on the style of mediation, a decision can be binding or non-binding.
Mediation of a dispute can often be employed to avoid an impasse or a law suit over differences. In these events, a trained mediator is hired to gather data and render a decision. In the process, the mediator sits down with one party, listens to testimony and reviews documents and evidence. The session may or may not have a time limit or standards imposed as to the types of documents or evidence that can be presented. When one party finishes, and the mediator understands the position, the mediator invites in another party, and the process is repeated. Once the mediator listens to all the arguments and reviews all the documents and evidence, the mediator makes a decision based on the data presented and renders a decision. Depending on the style of mediation, a decision can be binding or non-binding.
Mediation of a dispute can often be employed to avoid an impasse or a law suit over differences. In these events, a trained mediator is hired to gather data and render a decision. In the process, the mediator sits down with one party, listens to testimony and reviews documents and evidence. The session may or may not have a time limit or standards imposed as to the types of documents or evidence that can be presented. When one party finishes, and the mediator understands the position, the mediator invites in another party, and the process is repeated. Once the mediator listens to all the arguments and reviews all the documents and evidence, the mediator makes a decision based on the data presented and renders a decision. Depending on the style of mediation, a decision can be binding or non-binding.