This form brings together several boilerplate contract clauses that work together to outline the procedures for arbitration of any disputes and to establish the laws and legal jurisdiction that will govern such arbitration should it become necessary.
Arkansas Arbitration - Long-Form Provision
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In general, a Request for Arbitration or a Notice of Arbitration must contain the names of each of the parties, the names of the parties' representatives, a description of the dispute giving rise to claims, a statement of the relief sought, a description of the agreement containing the arbitration clause, the choice of ...
Most people hire a lawyer to write their demand letters, but you can write it yourself.
The Scope of the Clause. This section of the clause is critical; it sets the boundaries for which disputes the tribunal is authorised to determine. ... Choice of Rules. ... The Number of Arbitrators. ... Appointing Authority. ... Choice of Venue. ... The language of the proceedings. ... Finality. ... Exclusion of the right of appeal.
Using abusive or threatening language will not work in your favor ? not only will it make the defendant less likely to want to settle your claim, it could even cause damage to your actual case. Beyond that, you should never include dishonest or misleading details in your demand letter.
Ten Tips for Writing an Effective Demand Letter Be Organized. ... Submit the Letter in a Timely Manner. ... Reference Pertinent Claim Information on All Communication. ... Use Appropriate Professional Language and Tone. ... Use Subheadings. ... Be Specific. ... Set Forth Demand Amount Clearly. ... Provide Deadline for Response.
The Demand for Arbitration shall include the basis of the claim against the Respondent(s); the amount of damages the Claimant(s) seeks in the Arbitration; the name, address and telephone number of the Claimant(s) and their attorney, if any; and the name of all Respondent(s).
The request for arbitration shall designate each party to the dispute and provide their contact information, including electronic mail address, street address and telephone number.
Arbitration clauses are frequently paired with class action waivers, which prevent contracting parties to file class action lawsuits against each other. In the United States, arbitration clauses also often include a provision which requires parties to waive their rights to a jury trial.