What happens if the parties to a securities arbitration case do not agree to a settlement?
If the parties to a securities arbitration case in Kansas do not agree to a settlement, the case will go to a hearing. At the hearing, both parties will present their arguments and evidence to the panel of arbitrators. After hearing the evidence, the panel of arbitrators will determine if the dispute was caused by violations of securities law or other misconduct. If there were violations, the panel will determine the amount of compensation due to the claimant. The hearing and the decision of the arbitrators are binding on both parties. This means that they must accept the ruling, even if they do not agree with it. If one of the parties does not comply with the ruling, the other party may take legal action. In some cases, if the hearing does not result in a settlement the parties may agree to mediate. This means that a neutral third party will try to negotiate a settlement between the parties. This can be beneficial as it allows both parties to have input into the outcome of the case. If the parties still cannot agree, then the case will proceed to a hearing. No matter the process, securities arbitration is designed to provide the parties with a fair and just solution. It is important to be aware of the rules and regulations in Kansas before entering into arbitration proceedings. This can help ensure that all parties understand their rights and responsibilities in the process.
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