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Key Benefits of Arbitration by Thuan Luu is a document available to read on EtoBox.
What is Key Benefits of Arbitration about?
Arbitration is an alternative dispute resolution process where disputing parties present their case to a neutral third party arbitrator who examines the evidence and makes a final and binding decision. Some key benefits of arbitration include that it allows for expertise in technical disputes, is typically faster than litigation, and can be less costly. It also maintains privacy and allows for enforcement of decisions internationally under the New York Convention. However, arbitration also has some disadvan
- Author
- Thuan Luu
- Language
- EN