2. FAI Arb - DEFINITIONS

FAI Arb
FAI Arbitration Rules (2024)

In these Rules:

(i) “arbitral tribunal” includes one or more arbitrators;

(ii) “claimant” includes one or more claimants;

(iii) “respondent” includes one or more respondents;

(iv) “additional party” includes one or more additional parties;

(v) “party” or “parties” include claimants, respondents and additional parties;

(vi) “claim” or “claims” include any claim by any party against any other party;

(vii) “award” includes, inter alia, any interim, partial or final award made by the arbitral tribunal;

(viii) “nomination” means a proposal by one or more parties or party-nominated arbitrators that a certain candidate be confirmed as party-nominated, sole or presiding arbitrator by the Institute;

(ix) “confirmation” means an act whereby the Institute confirms that a candidate nominated by one or more parties or by party-nominated arbitrators or a candidate appointed by the Institute may serve as arbitrator in an arbitration under the Rules;

(x) “joinder” means joining one or more additional parties as parties to a pending arbitration under the Rules;

(xi) “consolidation” means combining two or more arbitrations under the Rules into a single arbitration;

(xii) “separation” means separating claims made under an arbitration agreement to be determined in a separate arbitration;

(xiii) “bi-party proceedings” means an arbitration with two parties;

(xiv) “multi-party proceedings” means an arbitration with more than two parties.

Quelle: FAI

Import: 17.12.2024

FAI Arb infoFAI Arbitration Rules (2024)info

FAI Arb
FAI Arbitration Rules (2024)