Within how many business days must the parties agree to the selection of an arbitrator for Learningrx?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
If the parties are unable to agree to the selection of an arbitrator within ten business days of the date of any written demand for arbitration made hereunder. The parties shall each select one arbitrator and the two selected arbitrators shall select a single arbitrator to hear the matter. The parties consent to the use of the services of Judicial Arbitration Group, Inc. or its successor or the American Arbitration Association to administer the arbitration. The arbitration shall be conducted in accordance with the then -current Commercial Arbitration Rules of the American Arbitration Association.
Source: Item 23 — RECEIPT (FDD pages 54–209)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, if a dispute arises that requires arbitration, the parties involved have a specific timeframe to agree on an arbitrator. The document states that both parties must agree to an arbitrator within ten business days from the date of a written arbitration demand.
If the parties cannot agree on a single arbitrator within the initial ten-business-day period, the process involves each party selecting their own arbitrator. Following this, the two arbitrators selected by each party then choose a single arbitrator who will ultimately hear the case. This multi-step process ensures that an arbitrator is selected even if the parties initially disagree.
The arbitration proceedings for Learningrx will take place in Denver, Colorado, and the selected arbitrator should have experience in franchise law. The parties also consent to using the services of Judicial Arbitration Group, Inc. or the American Arbitration Association to manage the arbitration process. This structured approach to dispute resolution is designed to provide a clear and fair process for resolving conflicts related to the franchise agreement.