Family Financial Arbitration: A Short Guide

Family Law

Family Financial Arbitration: A Short Guide

By Gavin Smith
Class Legal September 2022

Specifications

ISBN-13
9781801610216
Publisher
Class Legal
Publication
September 2022
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

Financial arbitration has become an increasingly attractive choice for parties who have been unable to reach a negotiated settlement of their case.

As well as discussing the merits of arbitration and providing an overview of the IFLA scheme, this short guide, written by an experienced arbitrator, offers practical guidance on the process and management of a financial arbitration: from the initial consideration of arbitration as an option, through choosing the arbitrator, completing the Form ARB1FS and preparing for the arbitration, to the hearing itself and subsequent implementation of, or challenge to, the arbitrator’s award.

Table of Contents

Foreword
Acknowledgements
Arbitration
The IFLA scheme
Judicial support for family arbitration
Benefits and drawbacks of financial arbitration
Scope of the IFLA financial scheme
Is the dispute suitable for arbitration?
The decision to opt for arbitration
Form ARB1FS (application for financial arbitration)
Choice and appointment of arbitrator
Commencement of the arbitration
What procedure to adopt?
The role of the court
The hearing
The award
Implementation of the award: consent
Challenges to awards
Challenges: procedure
Resources
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