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Executive tribunal (mini-trial or supervised settlement procedure) meaning

What does Executive tribunal (mini-trial or supervised settlement procedure) mean?
An executive tribunal (also called a mini-trial or supervised settlement procedure) is an alternative dispute resolution process in which each party presents a concise, lawyer‑led version of its case to a panel comprising a senior executive from each side and an independent neutral. After this semi‑formal hearing, the executives, assisted by the neutral (who may chair, facilitate and/or provide a non‑binding evaluation), engage in without‑prejudice, confidential negotiations to seek a commercially pragmatic settlement. The process is non‑binding unless and until a settlement agreement is concluded. This is a descriptive term, not defined in legislation or the Civil Procedure Rules, and is typically established by contract (for example, an adr clause) or agreed ad hoc. Usage and mechanics are broadly consistent across England and Wales, Scotland, Northern Ireland and Ireland. It is commonly adopted in complex commercial, construction, technology and insurance disputes to bring decision‑makers together quickly, with limited documents and a tailored timetable. If settlement is not achieved, parties may proceed to litigation or arbitration; presentations and any neutral evaluation are not binding or admissible except as agreed by the parties.
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