How does DRD define case conclusions?

  • Settled/ Withdrawn – resolved by agreement of the parties, with or without the assistance of the arbitrator. A settlement may be recorded in a Consent Award OR the withdrawal of a claim or counterclaim that had been filed with the institution.
  • Administrative close – the termination of an arbitration by the institution for non-compliance with directions for payment.
  • Dismissed – the dismissal of a claim or counterclaim by the tribunal, by way of an Order or an Award, without a final hearing on the merits, in such cases as a failure by a party to pursue its claim; a manifest lack of jurisdiction; or a manifest lack of legal merit.