Federal Arbitration Act With State Court In Cook - Arbitration Case Submission Form
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If you do not attend the arbitration hearing and do not arrange for it to be rescheduled, the hearing may be held without you. The arbitrator can decide the case without hearing from you. The court may also order sanctions against you, which could include a fine for failing to attend the arbitration hearing.
Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court.
When Does a Federal District Court Have Jurisdiction over an FAA Dispute? Enforcement of the FAA is not limited to federal courts. See Vaden v. Discover Bank, 556 U.S. 49, 71 (2009) (“Under the FAA, state courts as well as federal courts are obliged to honor and enforce agreements to arbitrate.”).
Mandatory binding arbitration is a private proceeding used to settle disagreements between two parties. Parties to a contract agree to have their case reviewed by a third party—an arbitrator—and to be bound by the arbitrator's decision.
At the arbitration hearing, the parties present their case to the arbitration panel and the arbitrators make a monetary award based on the evidence. The Illinois Code of Civil Procedure, Illinois Supreme Court Rules and the established rules of evidence all apply in arbitration hearings.
The hearing for a "standard" arbitration must be completed within 150 days of the order of Referral to Mandatory Arbitration and the hearing for an "expedited" arbitration must be completed within 90 days of the order of Referral To Mandatory Arbitration.
A claimant will typically start arbitration by sending a document known as a “request for arbitration” or a “notice to arbitrate” to its opponent.