What is a joinder of parties in arbitration?
In arbitration law in Virginia, a joinder of parties is a legal procedure that involves adding additional parties to an already existing arbitration agreement. This is done to allow parties that do not have an original agreement to join the dispute and participate in the process. When a joinder of parties occurs, it can be initiated by either an arbitral tribunal or by the arbitrating parties themselves. Usually, the tribunal will make a decision about adding an additional party to the arbitration. The arbitrators may consider the claims of the additional parties and may also determine whether the parties have a real interest in the arbitration. The joinder of parties is an important legal process because it allows parties that were originally not part of the arbitration agreement to become involved in the dispute. This can help to provide a comprehensive solution to the dispute by allowing the additional parties to provide their perspectives and evidence. Furthermore, a joinder of parties can save time and money since it can help to avoid multiple arbitrations that involve the same issues. By allowing the addition of parties, the tribunal can help to resolve the dispute with fewer resources as compared to holding multiple arbitrations. Overall, the joinder of parties is an important legal procedure in arbitration law in Virginia. It enables additional parties to join an existing agreement and participate in the resolution process. This can help to provide a comprehensive resolution to the dispute while helping to save time and money.
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