Overview

Sides is a platform that allows people and businesses to create legally binding agreements with one another. If a dispute happens to arise between the parties, Sides hears evidence from both sides and then resolve the dispute with an enforceable document called an arbitration award.

How does it work?

United States (U.S.) contract law allows people to freely contract with one another through the creation of legally binding agreements. There are certain criteria that must be met in order for a regular promise to be considered legally binding, but Hush algorithms (plus a little magic) make this easier by simplifying the process.

Important: Sides does not offer legal advice. If you are unsure about the enforceability of your agreement, consult with a licensed attorney.

When you create an agreement with Sides, you will have the option to include a Dispute Resolution Provision. This is commonly referred to as an Arbitration Clause. An arbitration clause is a type of provision that allows the parties to agree to an alternative dispute resolution (ADR) method, which replaces the need of going through the court system. Parties may often prefer ADR to traditional litigation because ADR is typically much faster, easier and less expensive.

The U.S. Federal Arbitration Act (FAA) provides the legislative framework to ensure the validity and enforcement of arbitration clauses.

Once Sides reaches a decision, it will issue its decision in the form of a final arbitration award. This award will clearly state a resolution and who owes who what. Parties often choose to follow awards voluntarily. However, if an award is not followed, the arbitration award can be entered as a judgment in any federal or state court with jurisdiction. This means that the court can enforce it like it was any other court judgment.