This week NAEGA informed American Arbitration Association’s (AAA) International Centre for Dispute Resolution (ICDR) of its 2016 list of Approved Arbitration Panelists. The 2016 list of approved arbitrators was approved by the NAEGA Board of Directors at its March 14, 2016 meeting in Coronado, CA.
NAEGA provides AAA with Grain Arbitrators per Clause 30 of the NAEGA No. 2 FOB Contract. Three arbitrators are used during NAEGA arbitrations. Two arbitrators are chosen by the parties from the list of approved Grain Arbitrators. The third is nominated by AAA from the list of Grain Arbitrators or from the AAA Commercial Arbitration Panel.
For more information on NAEGA arbitrations please visit Contracts Committee page of the NAEGA “Members Only” website, or contact Gary or Ryan.