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Words: 4,250 | Submitted: Sun Jul 05 2009
... on enhanced medical care and on improving standards of public housing." The purpose of the inquiry was to improve access to justice and reduce the cost of litigation; reduce the complexity of the rules and modernize terminology; and to remove unnecessary distinctions of practice and procedure between the High Court and county courts. 2 Arbitration is a process of attempting to resolve a business/commercial dispute by bringing in a disinterested third party to hear the evidence by both parties and then to make a fair decision based on that evidence presented. Arbitration decisions can be binding if the parties agree that it should be binding. Arbitration is used in place of litigation to save time and money in reference with going through long and exhaustive court battles. Do not confuse arbitration with mediation, for a mediator is a third party brought in that is there to resolve the differences of ...
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