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In contract law, an arbitration clause is a clause in a contract that requires the parties to resolve their disputes through an arbitration process. Although such a clause may or may not specify that arbitration occur within a specific jurisdiction, it always binds the parties to a type of resolution outside the courts, and is therefore considered a kind of forum selection clause.
The AAA was founded in 1926 by the merger of the Arbitration Society of America and the Arbitration Foundation to provide dispute resolution and avoid civil court proceedings. [2] Many contracts include an arbitration clause naming the AAA as the organization that will administer arbitration between the parties. The AAA does not itself ...
4. Oath will pay your AAA filing fees, provided your amount in dispute is less than $75,000. If your amount in dispute is more than $75,000, please send the appropriate filing fee to the AAA with these forms. Information about filing fees can be found in Section L-3 of AAA’s Consumer Arbitration Rules. Your Personal Information:
Disputes between consumers and businesses that are arbitrated are resolved by an independent neutral arbitrator rather than in court. Although parties can agree to arbitrate a particular dispute after it arises or may agree that the award is non-binding, most consumer arbitrations occur pursuant to a pre-dispute arbitration clause where the arbitrator's award is binding.
To read more about arbitration, visit www.adr.org. The American Arbitration Association (the “AAA”) will conduct any arbitration under its Commercial Arbitration Rules. If you are an individual and use the services for personal or household use, the AAA’s Consumer Arbitration Rules will apply.
In some cases, companies are using infinite arbitration clauses, which can extend to individuals beyond the original contractual parties, requiring all disputes to be settled out of the courtroom ...
The American Arbitration Association ("AAA") is a not-for-profit organization specializing in alternate dispute resolution procedures such as arbitration and mediation. Once arbitration has been initiated, AAA selects arbitrators and manages the case from beginning to end.
Doctor's Associates, Inc. v. Casarotto, 517 U.S. 681 (1996): Montana law requiring disclosure of arbitration clauses to be "typed in underlined capital letters on the first page of the contract" preempted by FAA; [1] however, upheld authority of courts to refuse to enforce arbitration clauses on grounds of "generally applicable contract ...
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