Arbitration
Arbitration is one of the private dispute resolution options that are intended to resolve disputes out of court in an economical and efficient manner, such as mediation. While mediation is a structure negotiation conducted with the help of a neutral and impartial third party, arbitration involves relying on the decision of an arbitrator rather than a judge.
With which type of case can you consult us?
- If you are having trouble enforcing a commercial contract, there are other solutions than going to court: arbitration;
- While a judicial process before the courts is public, arbitration allows for the settlement of a dispute in a confidential manner;
- Arbitration is a faster, less expensive dispute resolution process and the arbitrator(s) are chosen based on their expertise;
- An increasing number of contracts contain a clause providing for mandatory arbitration to the exclusion of the courts. Such a clause usually specifies the applicable rules and the identity or method of appointment of the arbitrator (or three arbitrators) who will hear the case.