It is not incompatible with an arbitration agreement for an arbitral tribunal to encourage settlement, and, with the agreement of the parties, the tribunal may use mediation, conciliation, or other procedures at any time during the arbitral proceedings to encourage settlement.

Terms Used In Ohio Code 2712.57

  • Arbitral tribunal: means a sole arbitrator or a panel of arbitrators. See Ohio Code 2712.01
  • Arbitration: means any arbitration, whether or not administered by a permanent arbitral institution. See Ohio Code 2712.01
  • Conciliation: means any conciliation, whether or not administered by a permanent conciliation institution. See Ohio Code 2712.01
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.

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