Are The Arbitration Proceedings Completely Confidential?
Arbitration hearings, unlike trials, are not open to the public. Everything discussed is done so in private and, in the context of the hearing, is confidential. Any matters disclosed during the arbitration are generally not discoverable in future proceedings. This means that anything said during an arbitration can not be used either for or against one of the parties if the dispute ends up in court. The reason for this is that the parties are likely to be more forthcoming with offers of settlement in an arbitration if they need not worry about having "something used against them" in court later on.
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Additional Arbitration FAQs
- Are Companies Required To Inform Stockholders Of Their Involvement In A Lawsuit?
- What Is Arbitration?
- What Is Mediation?
- Can I Get Information Concerning The SEC's Ongoing Investigation Of A Public Company?
- Why Use Arbitration Instead Of Going To Court ("litigation")?
- How Do We Get To Mediation?
- Is It Possible To Obtain The Results Of An Sec Investigation?
- How Do You Apply For Arbitration?
- How Much Time Is Required To Schedule A Mediation?
- Is It Possible To Find Out If There Have Been Complaints Filed With The SEC About A Particular Company?
- What Is "Med-Arb" And Why Use It?
- Who Starts First In Mediation?
- What is the difference between court and arbitration?
- Are There Different Forms Of Arbitration? What Are The Differences?
- Who Keeps Things Under Control?
- Who Decides Whether The Case Is Litigated In Court Or Arbitration?
- How Does The Arbitration Process Generally Work?
- What Happens When An Agreement Is Made In Mediation?
- How Does Arbitration Work?
- Is Mediation Voluntary?
- Who Conducts The Arbitration Proceedings?
- How Is The Arbitrator Selected For The Proceeding?
- Do I Need An Attorney For Mediation? Who Else Should Attend?
- Is A Lawyer Required For Arbitration?
- What Is The Aaa?
- Can You Choose Your Own Arbitrator Instead Of Going To The Aaa?