Are there any ethical considerations in arbitration?
Yes, there are several ethical considerations in arbitration in Delaware. Ethical considerations are standards of conduct that provide guidance to ensure that individuals and organizations act in an ethical manner and behave responsibly. Arbitration is a process of dispute resolution in which a neutral third-party (the arbitrator) is chosen to resolve a dispute. In Delaware, the arbitration process is governed by the Delaware Uniform Arbitration Act or DUAA. The DUAA provides that the parties involved in arbitration must agree to the process and have a legally binding agreement about the process. The ethical considerations involved in arbitration are quite complex. For example, it is important that the parties involved in arbitration are treated fairly and listened to in an impartial way. In addition, the arbitrator should be impartial and unbiased, and should not take sides in the dispute. The arbitrator should also disclose any conflicts of interest that could prevent him or her from making a fair and impartial decision. Finally, the arbitrator should maintain the confidentiality of the arbitration proceedings. This means that the parties involved in the arbitration must keep the proceedings and communications confidential. This ensures that the arbitration process will not be used as a platform for public opinion or a means to influence public opinion.
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