American Arbitration Association
Encyclopedia
The American Arbitration Association (AAA) is a private enterprise in the business of arbitration, and one of several arbitration
organizations that administers arbitration proceedings. The AAA also administers mediation
and other forms of alternative dispute resolution
. It is headquartered in New York City
. The International Centre for Dispute Resolution (ICDR), established in 1996, administers international arbitration
proceedings initiated under the institution's rules. ICDR currently has offices in New York City
, Dublin, and Mexico City
, and is scheduled to open an office in Singapore
.
Many contract
s include an arbitration clause
naming the AAA as the organization that will administer arbitration between the parties. The AAA does not itself arbitrate disputes, but provides administrative support to arbitrations before a single arbitrator or a panel of three arbitrators. The arbitrators are chosen in accordance with the parties' agreement or, if the parties do not agree otherwise, in accordance with the AAA rules. Under its rules, the AAA may appoint an arbitrator in some circumstances, for example, where the parties cannot agree on an arbitrator or a party fails to exercise its right to appoint an arbitrator.
Arbitration
Arbitration, a form of alternative dispute resolution , is a legal technique for the resolution of disputes outside the courts, where the parties to a dispute refer it to one or more persons , by whose decision they agree to be bound...
organizations that administers arbitration proceedings. The AAA also administers mediation
Mediation
Mediation, as used in law, is a form of alternative dispute resolution , a way of resolving disputes between two or more parties. A third party, the mediator, assists the parties to negotiate their own settlement...
and other forms of alternative dispute resolution
Alternative dispute resolution
Alternative Dispute Resolution includes dispute resolution processes and techniques that act as a means for disagreeing parties to come to an agreement short of litigation. ADR basically is an alternative to a formal court hearing or litigation...
. It is headquartered in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
. The International Centre for Dispute Resolution (ICDR), established in 1996, administers international arbitration
International arbitration
International arbitration is a leading method for resolving disputes arising from international commercial agreements and other international relationships...
proceedings initiated under the institution's rules. ICDR currently has offices in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, Dublin, and Mexico City
Mexico City
Mexico City is the Federal District , capital of Mexico and seat of the federal powers of the Mexican Union. It is a federal entity within Mexico which is not part of any one of the 31 Mexican states but belongs to the federation as a whole...
, and is scheduled to open an office in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
.
Many contract
Contract
A contract is an agreement entered into by two parties or more with the intention of creating a legal obligation, which may have elements in writing. Contracts can be made orally. The remedy for breach of contract can be "damages" or compensation of money. In equity, the remedy can be specific...
s include an arbitration clause
Arbitration clause
An arbitration clause is a commonly used clause in a contract that requires the parties to resolve their disputes through an arbitration process...
naming the AAA as the organization that will administer arbitration between the parties. The AAA does not itself arbitrate disputes, but provides administrative support to arbitrations before a single arbitrator or a panel of three arbitrators. The arbitrators are chosen in accordance with the parties' agreement or, if the parties do not agree otherwise, in accordance with the AAA rules. Under its rules, the AAA may appoint an arbitrator in some circumstances, for example, where the parties cannot agree on an arbitrator or a party fails to exercise its right to appoint an arbitrator.
See also
- Arbitration in the United States
- Federal Mediation and Conciliation Service
- International arbitrationInternational arbitrationInternational arbitration is a leading method for resolving disputes arising from international commercial agreements and other international relationships...
- London Court of International ArbitrationLondon Court of International ArbitrationThe London Court of International Arbitration is an institution based in London, United Kingdom providing the service of international arbitration....
- International Chamber of CommerceInternational Chamber of CommerceThe International Chamber of Commerce is the largest, most representative business organization in the world. Its hundreds of thousands of member companies in over 130 countries have interests spanning every sector of private enterprise....
- National Academy of ArbitratorsNational Academy of ArbitratorsThe National Academy of Arbitrators is a not-for-profit 501 honorary and professional organization of labor arbitrators in the United States and Canada founded in 1947....