What is a class action arbitration?
A class action arbitration is a type of legal process used in Oregon involving multiple plaintiffs and/or defendants. This type of dispute resolution is used when a large group of people have a similar legal dispute and seek a resolution. The group of people, known as the class, files a lawsuit together against the person or company they feel is responsible for the dispute. The class action arbitration helps to save time, resources, and money by allowing one hearing to resolve all of the disputes as opposed to having separate hearings for each individual case. It also helps to ensure that everyone in the class receives the same amount of compensation for their damages or losses. In a class action arbitration, the arbitrator or arbitrators hear the case and then make a binding decision for the entire group. The arbitrator looks at the evidence and the facts of each case, and then makes an informed and impartial decision. This helps to ensure that everyone in the class receives the same resolution to the dispute, regardless of the individual details of each case. Class action arbitration is a useful tool for resolving disputes in Oregon. It can be used when a large group of people have similar legal issues they need to address in an efficient, cost-effective manner. It is important to remember, however, that the decision made by the arbitrator is binding on all parties in the case.
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