arbitration of interests

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Leonardo da Vinci (1452-1519), Italian Renaissance painter from Florence. Engraving by Cosomo Colombini (d. 1812) after a Leonardo self portrait. Ca. 1500.

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Mayer Amschel Rothschild (1744-1855), founder of the house of Rothschild; lithograph by Friedrich Lieder, c. 1830.

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arbitration of interests

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In arbitration: Arbitration of interests
Arbitration of the terms of a new contract, referred to as arbitration of interests, may be instituted if management and the labour union are unable to agree on a new contract. However, in most countries, management and union are seldom inclined to…
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