View Changes And Revision History Of Legal Delaware Arbitration Forms For Free

The purpose of the Delaware Rapid Arbitration Act is to give Delaware business entities a method by which they may resolve business disputes in a prompt, cost-effective, and efficient manner, through voluntary arbitration conducted by expert arbitrators, and to ensure rapid resolution of those business disputes.

Plaintiff shall file the Notice of Selection of Arbitrator form. This form will provide notice to the Court and others to proceed with scheduling the arbitration. Also, it will provide notice to File and Serve of the selected arbitrator in each case.

Arbitration can only take place if both parties have agreed to it. In the case of future disputes arising under a contract, the parties insert an arbitration clause in the relevant contract. An existing dispute can be referred to arbitration by means of a submission agreement between the parties.

If any matter is pending before a Justice beyond 90 days, that Justice must file a report with the Chief Justice by the 10th day of the next month with an explanation for the delay.

The purpose of the Delaware Rapid Arbitration Act is to give Delaware business entities a method by which they may resolve business disputes in a prompt, cost-effective, and efficient manner, through voluntary arbitration conducted by expert arbitrators, and to ensure rapid resolution of those business disputes.

The Delaware Rapid Arbitration Act (DRAA) establishes Delaware as a cutting-edge seat for business arbitrations. Crafted with extensive input from lawyers and businesses in the United States and across the globe, the DRAA was designed to make arbitration practice more timely and efficient.