Is there a process for consolidating multiple arbitrations?
Yes, there is a process for consolidating multiple arbitrations in Delaware. Consolidated arbitration usually occurs when two or more parties agree to arbitrate their disputes together in order to save time and money. Generally, parties enter into a written agreement to consolidate arbitrations, which states the terms and conditions of the consolidation, including the method of selecting arbitrators. Consolidated arbitration may be conducted in two ways. First, the parties may select one arbitrator to conduct a single consolidated hearing, during which all parties can present their claims and defenses. Alternatively, the parties may select two or more arbitrators who will decide the disputes in separate hearings and issue consolidated awards. In order to initiate the consolidation process, the parties must file a joint motion to consolidate the arbitrations. This motion must include information about the parties, the arbitrations and the claimants involved. The parties must also agree on the terms of the consolidation, including the method of selecting arbitrators, the location of the hearings, and the method of issuing final awards. Once the motion is filed, the arbitrator (or arbitrators) will review the motion to consolidate and determine whether the consolidation is appropriate. If approved, the arbitrator will then proceed to hear the claims and issue a consolidated award.
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