FAI ExpArb FAI Expedited Arbitration Rules 2024
FAI ExpArb
FAI Expedited Arbitration Rules 2024
In these Rules:
(i) ”claimant” includes one or more claimants;
(ii) ”respondent” includes one or more respondents;
(iii) ”additional party” includes one or more additional parties;
(iv) ”party” or ”parties” include claimants, respondents and additional parties;
(v) ”claim” or ”claims” include any claim by any party against any other party;
(vi) ”award” includes, inter alia, any interim, partial or final award made by the sole arbitrator;
(vii) ”nomination” means a proposal by the parties that a certain candidate be confirmed as sole arbitrator by the Institute;
(viii) ”confirmation” means an act whereby the Institute confirms that a candidate nominated by the parties or a candidate appointed by the Institute may serve as sole arbitrator in an arbitration under the Rules;
(ix) ”joinder” means joining one or more additional parties as parties to a pending arbitration under the Rules;
(x) ”consolidation” means combining two or more arbitrations under the Rules into a single arbitration;
(xi) “separation” means separating claims made under an arbitration agreement to be determined in a separate arbitration;
(xii) ”bi-party proceedings” means an arbitration with two parties;
(xiii) ”multi-party proceedings” means an arbitration with more than two parties.
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