arbitration arbitration  /ˌɑr bɪ ˈtreɪ ʃən/

Definition(s):

  1. (n) (law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management)
  2. (n) the act of deciding as an arbiter; giving authoritative judgment

Synonym(s)

Usage(s):

  1. Still, the courts generally uphold arbitration clauses unless a law makes absolutely clear that the employee can go to court, arbitration be damned.
  2. While such a solution sounds reasonable, most arbitration experts flatly say that it makes little sense.
  3. In arbitration, there is no public record or transcript of the proceedings, meaning that Tracy's claims will not be heard before a judge and jury.

News

  1. Live Nation says it wins arbitration over CTS

    Live Nation says it wins arbitration over CTS LOS ANGELES (AP) — Concert promoter Live Nation Entertainment Inc. says it has won an arbitration ruling over CTS Eventim AG, a German ticket-selling technology provider that was seeking nearly $900 million in damages because Live Nation terminated its contract after merging with Ticketmaster in January 2010. Live Nation said that the International ...
    on June 15, 2013     Source: seattlepi.com

  2. The Securities Arbitration Law Firm of Klayman & Toskes Files $4,000,000 Claim Against Wells Fargo Advisors on Behalf ...

    The Securities Arbitration Law Firm of Klayman & Toskes , www.nasd-law.com, announced today that it filed a securities arbitration claim against Wells Fargo Advisors on behalf of a UPS employee for losses sustained as a result of maintaining a concentrated, leveraged position in UPS stock.
    on June 14, 2013     Source: Business Wire via Yahoo! Finance

  3. The Securities Arbitration Law Firm of Klayman & Toskes Continues To Investigate Claims of UBS Customers Who Sustained ...

    The Securities Arbitration Law Firm of Klayman & Toskes , www.recoverubswillowfundlosses.com, announced today that it is continuing to investigate claims of UBS Financial Services customers who purchased the UBS Willow Fund .
    on June 11, 2013     Source: Business Wire via Yahoo! Finance

Quotes

  1. "After much thought, I have decided to appeal my case to the Court of Arbitration of Sport," Landis said in a statement. "I want to take this opportunity to say again, that I am innocent of the doping allegations against me. I hope that the...
    on Oct 10, 2007 By: Floyd Landis Source: Reuters Canada

  2. "It's just as important he doesn't have to worry about arbitration from his standpoint," general manager Doug Melvin said. "It can be a distraction every year."
    on Jan 23, 2009 By: Doug Melvin Source: International Herald Tribune

  3. "I think conventional wisdom is that he will lose (his arbitration hearing), because USADA has never lost a case," said Armstrong, the guest speaker Tuesday at an Aspen Ideas Festival health forum discussion.
    on Jul 4, 2007 By: Lance Armstrong Source: NDTV.com

Word of the Day
repudiate repudiate
/ri ˈpju di ˌeɪt /