{"id":190376,"date":"2024-09-15T16:08:40","date_gmt":"2024-09-15T15:08:40","guid":{"rendered":"https:\/\/legalvision.co.uk\/?p=190376"},"modified":"2024-09-17T07:05:56","modified_gmt":"2024-09-17T06:05:56","slug":"section-67-arbitration-act-legal-guidelines","status":"publish","type":"post","link":"https:\/\/legalvision.co.uk\/disputes-litigation\/section-67-arbitration-act-legal-guidelines\/","title":{"rendered":"Section 67 of the Arbitration Act: Legal Guidelines"},"content":{"rendered":"\n

If you are part of a commercial dispute, you may choose arbitration to resolve it. Arbitration is where you select an arbitrator or arbitrators to make an arbitral panel to decide on your disagreement. They will do this in an arbitral tribunal and make a binding decision, which is an arbitration award. You may wish to use arbitration to resolve your commercial dispute because it is an alternative dispute resolution (ADR). Therefore, an alternative to court litigation. The latter can be expensive and time-consuming, and the English court expects you will try to resolve it before court proceedings. Therefore, this article will explain section 67 of the Arbitration Act 1996<\/em> and the legal guidelines.\u00a0<\/p>\n\n\n\n

What is the Arbitration Act 1996?<\/h2>\n\n\n\n

The Arbitration Act 1996<\/em> is a piece of law that improves the law regarding arbitration. It governs the arbitration process in England, Wales, and Northern Ireland. It is considered to ease the process, reflected in London being one of the world’s leading places for international commercial arbitration disputes to take place.\u00a0<\/p>\n\n\n\n

The Act provides a framework for arbitration proceedings and includes, for example:<\/p>\n\n\n\n