Arbitration is a fast, confidential and economical way to settle most disputes outside the courtroom. It is a process by which parties submit their dispute to an informed neutral third party (the arbitrator) who is empowered to render a binding decision.




Disputes between:
  • Condominium Associations/Owners
  • Developers/Property Owners (construction defects)
  • Buyers/Sellers (real estate, businesses, personal property)
  • Real Estate Broker/Client/Agent
  • Mortgage Broker/Client/Agent
  • Homeowner Association/Mgmt. Company
  • Employer/Employee (wrongful termination, sexual harassment, discrimination)
  • Landlord/Tenant
  • Partners (formations/dissolutions)
  • Debtor/Creditor
  • Insurance Company/Insured
  • Spouses (divorce, custody, support, visitation, prenuptial)
  • Stock Broker/Client
  • Neighbors (nuisance, property boundaries)
  • Subcontractor/Contractor
  • Franchisee/Franchisor
  • Lawyer/Client (fee disputes/malpractice)



The most common advantages are that:

  • Parties almost always save money by either eliminating the need for lawyers or substantially reducing the number of hours their lawyer will be required to spend on their case.
  • Documents and testimony presented do not become part of the public record. Consequently, it is more confidential.
  • It often reduces insurance claims and, therefore, premiums.
  • The process is faster than a court trial.
  • The possibility of an adverse court judgment can be avoided.



EKC arbitrators are carefully selected attorneys and retired judges. Each arbitrator has received extensive training in alternative dispute resolution procedures and will be fully qualified to serve on the particular case.

Upon receiving a request for arbitration services, an EKC administrator will appoint a qualified arbitrator to the case. The parties will then be provided with a resume of qualifications on the arbitrator. Since it is essential that the parties have complete confidence that the arbitrator is fully qualified and will be fair and impartial, EKC will replace any arbitrator not acceptable to any of the parties.




Arbitration can be conducted in much less time than a lawsuit. Expert arbitrators are generally available during evenings or on weekends as well as during normal business hours. Generally an arbitration should take less than half the time of a court trial.




Like a judge, an arbitrator has the power to render a final and enforceable decision.




Much less than litigation because legal fees are substantially reduced or eliminated, time consuming discovery is reduced and court costs are avoided. The cost of the arbitrator is generally divided equally by the parties.




Contact EKC Arbitration Services and we will promptly provide you with the necessary information. Let us help you stay out of court and save money.

 

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