Justice delayed is justice denied

DECISION DATE: One of the most important features of the ArbItRite Process is the power that the parties have to set the date when a final decision must  be made.   The parties set the timeframe within which the process must be completed and the ArbItRite Panel must render its decision.  In some cases the Decision Date is set in order to permit the consummation of a particular transaction, in others the Decision Date is set as a matter of convenience to the Parties.  In every case the Parties interest in predicable finality is paramount.

OPINION, ORDER, AWARD, JUDGMENT:    ArbItRite ​ customers can request that the Panel prepare a written opinion as a record  explaining their legal reasoning,  with citations to cases and authorities relied upon in rendering the decision.  (Other disputants may have no interest in a legal explanation or a record, and may direct that no opinion shall be rendered.
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An order is a summary of the decision rendered without any explanation: e.g.,"Claimant shall return the ring identified in the Statement of Claim to Respondent."

​An award, is a form of order and\or opinion that has been prepared to reflect that it is the final and binding decision of a private arbitrator.  Federal and state law provide that an award rendered for parties who have agreed to private binding arbitration  is enforceable by the courts in the same manner as if it were a decision of a trial court. As such a binding  arbitration award can be entered as a judgment which can be collected or otherwise enforced by marshals of any court.

​Each state and federal court has procedures whereby an arbitration award can be docketed as a judgment. Arbitration awards are rarely overturned because the grounds for challenging an award are very narrow and limited. See Article,