What is the procedure for dispute resolution through arbitration?

Arbitration is a form of dispute resolution that involves an impartial referee who helps settle a dispute between two parties. In New Hampshire, to initiate arbitration, either of the parties must make a written demand for arbitration. The demand includes the names of the parties, the nature of the dispute, and the amount of damages, if any, that either party is seeking. Once the demand is received, the arbitrator is appointed by either both parties agreeing on one, or by either of the parties requesting a panel of arbitrators, where the American Arbitration Association (AAA) chooses an arbitrator from the panel. All parties must be given notice of the appointment of the arbitrator. During the arbitration, both sides present their case to the arbitrator and are given the opportunity to call and question witnesses, present documents, and present arguments supporting their position. After considering the evidence and arguments, the arbitrator will make a decision on the matter and issue a binding award to the winning party. All parties must abide by the award issued and the arbitration is considered legally binding. Finally, after the parties have complied with the terms of the award, the award can be filed with the court, which will approve it and make it a legally enforceable order. With this, the arbitration process is complete and both parties have legally and fairly resolved their dispute.

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What is the procedure for dispute resolution through arbitration?

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