Examlex
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Binding
Describes an agreement, contract, or legal decision that must be adhered to by the parties involved.
Appealed
To apply to a higher court for a reversal of the decision of a lower court.
International Arbitration
A process used to resolve disputes between parties from different countries outside the courts, using agreed upon arbitrators.
Arbitrators
Neutral third parties selected to impartially resolve disputes between parties in a binding arbitration process, outside of the court system.
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