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The union chose arbitration before the Sept. 11 attack devastated the city's budget.
When the deal was announced in May, the two semiconductor companies agreed in their acquisition proposal that any disputes between them would be subject to confidential arbitration before the Delaware Chancery Court.
Mr. Bloomberg also said pointedly that the union had sought the binding arbitration before the P.E.R.B. panel because union officials had not wanted to negotiate with his administration or that of his predecessor, Mayor Rudolph W. Giuliani.
But the union, the Patrolmen's Benevolent Association, won a court case last year that upheld its right to have its contract disputes decided by binding arbitration before the state board instead of the city's Office of Collective Bargaining.
After repeated delays, mounting expenses and disputes with their client, Finnish utility TVO, the two companies sought arbitration before the International Chamber of Commerce.
Round Two comes next winter in Arrieta's final year of arbitration before the real showdown begins if Boras takes him to free agency 2017.
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The claimants had won the awards in arbitrations before the National Futures Association, including an award of $15 million for Robert Elliott, the largest ever won by an individual in a futures industry arbitration.
Archie Comic Publications, based in Mamaroneck, N.Y., has won in an arbitration proceeding before the World Intellectual Property Organization against a man who registered three Internet domain names incorporating the company's "Josie and the Pussycats" trademark.
It was a stunning revelation, one that is now the subject of an arbitration complaint before the National Association of Securities Dealers.
They also do not include arbitrations going before the New York Stock Exchange or other arbitration forums.
The arbitration, before a judge selected by both sides, is set for Jan . 3in Los Angeles, according to people close to the negotiations.
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