ty assists disputing parties reach a mutually acceptable decision." In mini-trials and early neutral evaluation, an impartial third party hears the presentations of the parties and renders its non-binding opinion as to how the dispute could be resolved, etc.
Arbitrators must make a variety of determinations, including "the facts, the applicable law and [interpret] the contract" involved, supervise the discovery conducted by the parties before the arbitration hearing itself and rule on any motions by the parties, which may include challenges to the impartiality or the lack thereof due to real or apparent conflicts of interest of an arbitrator.
Arbitration was used to settle disputes between and among Greek and Phoenician traders in ancient times. Commercial arbitration has been in regular use in Continental Europe since at least the middle ages where it was employed to resolve disputes among members of medieval guilds and was particularly helpful in resolvi
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