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What are the Stages in the Arbitration System?

arbitration stages system
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What are the Stages in the Arbitration System?

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• Join an Arbitration Organization • Commitment of shares by an IFQ holder to an IPQ holder. • Select Experts to provide necessary information for the fleet through mutual agreement among Arbitration IFQ holders and IPQ holders. • Select an approach for negotiations: IFQ and IPQ can reach agreements on price through open negotiations, a lengthy season approach, or share matching. • Negotiate, mediate, or enter a binding arbitration if price negotiations are not successful.

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