Arbitration: a definitive way to resolve disputes
Arbitration is a private process in which the persons in conflict agree that a tribunal - made up of specialists - will make a final decision.
This tribunal may be composed of technical professionals or lawyers, depending on the type of arbitration chosen.
The decision issued, the arbitration award, has the same legal value as a court judgment.
It's an excellent alternative to the trial for those seeking a technical, legal or equity-based solution, in a more agile, confidential and specialized manner.
How is an arbitration initiated?
By means of a written request, one of the parties submits the arbitration request to the CRC.
From that point on, the process of setting up the tribunal and the arbitration stage begins.
What if the dispute is minor?
When the amount in dispute is of a smaller amount, an abbreviated arbitration, a more agile and simplified process, can be carried out.
What types of arbitration are there?
Expert
Technical Tribunal formed by CFIA specialists. Ideal for disputes with high technical content.
By right
Court of expert lawyers. The decision is based on the applicable law.
Equity
Tribunal composed of CFIA professionals with extensive experience. The decision is based on criteria of fairness and experience.
Mixed equity
Two CFIA members and one lawyer. Balance between technical and legal.