WHAT IS AD HOC ARBITRATION?
Ad hoc arbitration is a sub set of private arbitration – that is, ad hoc arbitration is not a form of court annexed arbitration. Most private arbitrations occur because the parties to contracts have agreed to resolve their disputes according to the rules of arbitration service providers. Sometimes contracts provide (in writing) for resolution of disputes by private arbitration but without providing any rules, or, sometimes parties have a dispute, either under an oral contract, or under a written contract that does not contain a requirement for arbitration, but want to resolve their dispute by arbitration rather than in court. This can be because of cost, the need for speed, or because of a desire for privacy. In either case, the parties can agree to arbitration without the rules of an arbitration service provider. If the parties can agree on an arbitrator (or where one is appointed by a court because of a naked requirement for arbitration), the arbitrator manages the arbitration using
