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compromisario

Compromisario is a legal term used mainly in civil law and arbitration to designate a person who is bound by a compromise (compromiso) or by an arbitration agreement to submit a dispute to resolution, usually by an arbitrator or arbitral panel. The term generally refers to a party that has consented to the settlement mechanism or to the arbitration process, and it can also extend to others named in the agreement who are thereby bound by its terms.

In practice, a compromis (the agreement to settle the dispute by arbitration or other means) creates obligations

The concept serves to distinguish the parties bound by the compromissum or compromis from the arbitrators

See also: arbitraje, compromis, derecho procesal civil.

for
the
compromisarios.
They
participate
in
the
proceedings,
comply
with
procedural
rules,
present
evidence,
and
are
subject
to
the
eventual
decision
or
award.
The
precise
scope
of
who
is
considered
a
compromisario
and
the
extent
of
their
rights
and
duties
depend
on
the
governing
jurisdiction
and
the
wording
of
the
compromise
or
arbitration
clause.
themselves,
who
are
the
decision-makers
rather
than
the
subjects
of
the
agreement.
While
many
legal
systems
use
the
term
to
describe
the
parties
to
arbitration,
the
exact
meaning
and
usage
can
vary
across
jurisdictions,
and
some
codes
may
use
different
terms
to
designate
the
same
idea.