Lessons From NY High Court's New Umpire Selection Method

Law360, New York (March 12, 2013, 12:52 PM EDT) -- In ad hoc arbitrations, the parties appoint the arbitrators without the assistance of an administrating institution. Ad hoc arbitrations instead rely on the courts to resolve differences relating to the appointment, replacement or authority of the arbitrators.

In administered arbitrations, on the other hand, arbitrators are appointed under the supervision of professional bodies such as the American Arbitration Association, the International Chamber of Commerce and the London Court of International Arbitration.

Most U.S. reinsurance arbitrations are ad hoc arbitrations.[1] Thus, the parties to a reinsurance arbitration...
To view the full article, register now.