If a party to the arbitration does not appear then the arbitrators will need to make their decision based upon the evidence available to them. One party failing to appear will not ordinarily suspend or cancel an arbitration. Therefore, it is important for both parties to make an appearance so the arbitrators can make a fully informed decision.
Some parties may underestimate the power of an arbitration decision as it doesn’t come from a court of law. However, arbitration decisions are valid and enforceable in most developed countries around the world and effectively have the same power as a court judgment.
If you have a question about the rules that govern arbitrations please contact our office for a legal consultation.