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Arbitration News
Finance Workers in Oslo Protest Strike Ban
Finance workers in Oslo, Norway, demonstrated on June 12 to protest a government decision to ban a strike due to start that day. Demonstrating outside the Royal Castle, the workers were also protesting a lockout threatened by their employers—the banks and insurers.
The workers are campaigning to defend their pension rights as Norwegian insurance employers seek to cut the cost and benefits of their pension scheme. The dispute involves some 24,000 employees, and a strike would virtually shut down the Norwegian financial industry.
The government has appointed a seven-member arbitration committee to enforce a settlement in the dispute. Labour Minister Bjarne Haakon Hanssen said a special session of parliament would enact the legislation needed to force the parties into mediation. On June 10, talks between Finansforbundet and the employers’ federation failed to reach agreement. The government then intervened in the dispute as the first national banking strike in 30 years was threatened.
There is a difference between an arbitration and a trial.
In arbitration, the case is heard by one or more arbitrators. These cases are not heard in front of juries. The formal rules of evidence don't apply, unless the parties have agreed otherwise. In general, there are not pre-hearing motions.
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Definition:
Fact finding is a process by which parties present the arguments and evidence to a neutral person who then issues a non-binding report on the findings, usually recommending a basis for settlement.
Negotiation
Definition:
Negotiating refers to the process where the two parties come together and communicate their differences in an attempt to resolve the conflict.
Pleadings
Definition:
The claim, answer, counterclaim, and/or third-party claim and/or cross-claim filed in an arbitration are the pleadings.
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