Arbitration is the private, judicial determination of a dispute, by an independent third party
Arbitration is a process for the settlement of disputes in which an independent and impartial arbitrator makes a decision after considering the representations of the parties. The arbitrator's decision is called an award and is normally final and binding on the parties. The award is written and is enforceable by the courts.
The Arbitration Act 1996 as amended in 2007 and 2016, contains statutory provisions that govern the arbitration process.
All arbitrators that are on the AMINZ list of arbitrators are experienced and knowledgeable.
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