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"Despite recent reforms in the Arbitration process, the use of Arbitration as a means of resolving disputes in the construction industry is likely to decline"
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Contract Administration 3 Autumn Assignment "Despite recent reforms in the Arbitration process, the use of Arbitration as a means of resolving disputes in the construction industry is likely to decline" By Fabrice Davis 17th November 2000 Contents 1) Introduction 2) The decline of Arbitration 3) Conclusion 4) Bibliography 1) Introduction Definition : "Arbitration is a private procedure for settling disputes where the Arbitrator must act judicially and apply the rules of natural justice" (Dispute Resolution notes) Arbitration's are probably as old as legal history itself. The need for the courts to have some degree of control over these proceedings was recognised by the English legislature as far back as the Arbitration Act 1697. Over the years the Arbitration Act has been amended forming new acts, and these have culminated in the most recent Arbitration Act of 1996. However, whilst the arbitration process has been subject to many alterations to improve its effectiveness, people have moreover been seeking to use other forms of...
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