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Family Financial Arbitration: A Short Guide thumbnail image

Family Financial Arbitration: A Short Guide by Gavin Smith barrister, arbitrator and private FDR evaluator at 1 Hare Court.

Financial arbitration has become an increasingly attractive choice for parties who have been unable to
reach a negotiated settlement of their case.

As well as discussing the merits of arbitration and providing an overview of the IFLA scheme, this short
guide, written by an experienced arbitrator, offers practical guidance on the process and management
of a financial arbitration: from the initial consideration of arbitration as an option, through choosing the
arbitrator, completing the Form ARB1FS and preparing for the arbitration, to the hearing itself and
subsequent implementation of, or challenge to, the arbitrator’s award.

ISBN: 978-1-80161-021-6 | Paperback | Published in September 2022

ISBN: 978-1-80161-024-7 | Digital | Published in September 2022

Page Count: 32

Contents

7 Foreword

10 Acknowledgements

11 Arbitration

11 The IFLA scheme

12 Judicial support for family arbitration

14 Benefits and drawbacks of financial arbitration

17 Scope of the IFLA financial scheme

17 Is the dispute suitable for arbitration?

18 The decision to opt for arbitration

19 Form ARB1FS (application for financial

arbitration)

20 Choice and appointment of arbitrator

21 Commencement of the arbitration

22 What procedure to adopt?

23 The role of the court

24 The hearing

25 The award

26 Implementation of the award: consent

28 Challenges to awards

30 Challenges: procedure

32 Resources

Editors

Family Financial Arbitration: A Short Guide thumbnail image

Gavin Smith