What is a stay of arbitration?

A stay of arbitration is a court order that temporarily stops the arbitration process from happening. In Virginia, a stay of arbitration is typically granted if a party believes that the arbitration is unjust, or is not in their best interests due to some other issue. A stay of arbitration can be requested both before and during the arbitration process. Generally speaking, the stay should not last more than 30 days unless the parties are able to come to some sort of agreement. Once the stay passes, the arbitration can then proceed. The purpose of the stay is to stop the arbitration process from going forward until the party that requested the stay can make their case as to why they believe the arbitration should be halted. In Virginia, the court will hear evidence and consider multiple factors such as the cost of the arbitration and the fairness of the process, before making a decision on whether or not to grant the stay. In some cases, a stay of arbitration can be used to delay the arbitration process for an extended period of time, as a way of allowing parties to negotiate a settlement. This can help to save time and money for the parties involved, as it can prevent the expensive and lengthy process of arbitration.

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What is a stay of arbitration?

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