parties to arbitration

Parties to arbitration are the individuals or organizations involved in resolving a dispute through arbitration. Typically, these include the claimant, who initiates the process by presenting their case, and the respondent, who responds to the claim. Both parties agree to submit their disagreements to an arbitrator or arbitration panel instead of courts. They provide evidence, make arguments, and present their perspectives. The arbitrator then issues a binding decision known as an award, resolving the dispute. Essentially, the parties are the ones involved in the conflict who choose arbitration as their method of resolution.