Seasoned Arbitrator Conducting Arbitrations in the Dallas/Fort Worth Metroplex and Throughout Texas
Bringing about effective resolution without litigation
When disputes arise in the course of your life or business, and the dispute has not been resolved through direct negotiation between the parties, by mediation, or by one of the parties just “giving in”, the parties should consider going to binding arbitration. In binding arbitration, the parties agree ahead of time that they will be bound by the decision of the arbitrator.
Arbitration is a less expensive process and can be scheduled and conducted much faster than a court trial. Furthermore, in binding arbitration, the arbitrator’s decision is usually final since the grounds for appealing an arbitrator’s decision are very limited. The arbitration will be conducted by a single arbitrator or by a panel of three arbitrators, depending upon the size and complexity of the controversy.
- An arbitrator, who is a neutral third party (or a panel of three neutral third parties) familiar with the applicable area of law hears the dispute in a less formal setting than a courtroom. The attorneys for the opposing parties present their evidence and their cases to the arbitrator who then rules as to the proper resolution of the dispute.
- In the case of nonbinding arbitration, the parties are free to reject the arbitrator’s decision and take the dispute to a court trial. However, in nonbinding arbitration, the parties are hoping that the arbitrator’s decision, although nonbinding, will be sufficiently persuasive to enable them to settle the controversy themselves.
Arbitrating your disputes
In order to schedule an arbitration, phone Bud Silverberg’s office at (972) 764-4300 or contact us online.