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International dispute resolution

"A dispute can have potentially damaging consequences for any business, regardless of size and sway. If a dispute is international in scope, then the issues involved are likely to be much more complex and challenging to resolve – often requiring recourse to unfamiliar local laws, language and customs. With claims, counter-claims, accusations and aspersions part and parcel of a dispute, the need to resolve differences as efficiently and as quickly as possible is of paramount importance. Due to the time and cost of litigation, two dispute resolution mechanisms methods in particular – mediation and arbitration – have become increasingly popular in recent years. In an international context, how these are managed is key."

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Web-link: http://www.financierworldwide.com/special-report-international-dispute-resolutio...
Language: English