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Situations Where Arbitration Is Effective

The international Arbitration has become an integral part of global business or transaction. Going to international arbitration boutique to resolve the dispute, is the most effective way to settle conflict of interest among international trading companies or organizations. By hiring an impartial third party as arbitrator for making a decision ensures fair and efficient solution to resolve the dispute.

Here we have run down five situations where arbitration is effective-

  1. The dispute has arisen only between two parties and one of the parties feels uncomfortable by submitting the cases to litigation of another partner’s country which may consists of the chance of unfair or inequity.
  2. Both the parties agree to hire an arbitrator or arbitration tribunal, in order to save the cost and time of proceeding for avoiding any bad effect to the development of business.
  3. The business secrets or financial transactions are needed to keep confidential during the whole process of arbitration.
  4. Both parties wish to have a final and binding award that cannot be appealed after the completion of arbitration.
  5. The parties are unwilling for hearing of arbitration to be attended by public besides of witnesses, arbitrators, translators and the experts of particular industry field.

If you want to go for international arbitration, then consider seeking some professional advice from experts, Aceris Law’s France arbitration lawyers desk. They are a dedicated team of lawyers at Aceris Law, a specialized international arbitration law firm, which accompanies clients involved in arbitrations concerning France, i.e., where French law applies, a contract is executed in France, the dispute is brought by or against a party in France, or the French State or a French State entity is involved.

Aceris Law’s avocat arbitrage (arbitration lawyers in French) has access to all French jurisprudence and doctrine, while speaking French and English, which are languages commonly used in disputes concerning France.

To learn more, feel free to visit https://www.acerislaw.com.



This post first appeared on Three Things That Makes An International Arbitration Law Firm Reliable, please read the originial post: here

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Situations Where Arbitration Is Effective

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