Who selects the third arbitrator for Floors To Go arbitration?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
The arbitration shall be conducted in the county in Florida in which we maintain our principal office, or such other mutually agreed upon location before a panel of three arbitrators.
One arbitrator shall be selected by each of the parties and the third arbitrator shall be selected by the two arbitrators designated by the parties.
Source: Item 23 — RECEIPTS (FDD pages 47–204)
What This Means (2025 FDD)
According to Floors To Go's 2025 Franchise Disclosure Document, if arbitration is necessary to resolve a dispute, a panel of three arbitrators will be used. The franchisee and Floors To Go each select one arbitrator. The two arbitrators selected by each party will then select the third arbitrator.
This process ensures that both parties have a say in the selection of the arbitration panel. By allowing each party to select an arbitrator, it is intended to create a more balanced and fair arbitration process. The third arbitrator, chosen by the first two, is meant to be a neutral party agreed upon by both sides.
It is important for a prospective Floors To Go franchisee to understand this arbitration process, as it outlines how disputes with the franchisor will be resolved. Franchisees should consider the potential costs of arbitration, including fees for the arbitrators and legal representation, as detailed in Section 9.5 of the franchise agreement.