The expert is appointed under contract, either by a procedure set out in a previous legal agreement (the dispute resolution clause or DRC in a shareholder agreement or lease, for example) or by agreement at the time of the dispute between the parties and the expert. It is not arbitration or litigation, so their rules and precedents need not be followed. The expert determiner must act under the terms of the contract with the parties in dispute, so the three- or more- of them can agree those terms to suit the situation.
Chris performs expert determinations (also known as ED) by private appointment, and from the Institute of Chartered Accountants in England and Wales.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.