If one organization had established their business to a distinct country with their corporation partners, the disputes or conflict of interest is an inevitable issue. International Arbitration has become the preferred solution to resolve these disputes in global, due to its nature of privacy and confidentiality.

It would be preferable if parties can resolve the dispute in a friendly and peaceful manner when both parties have a dispute, rather than submitting it to the litigations. You can take help of an arbitrator as an impartial third party to provide an award through a private hearing, which is different from a national court.

The hearing is conducted privately in arbitration, not in public and no third body can attend arbitral conferences. It is to prevent the documentation, information, or business secret to disclosure. There is non-disclosure of specific information to the public. As, arbitration is invoked of multiple parties (officials of the arbitral institution, witnesses, translators, and more), it is quite hard to achieve a complete confidentiality in arbitration, however it is much better than traditional methods.

Both dispute parties should take care to protect trade secrets, sensitive financial information, work product, and attorney-client privilege communications within the arbitration itself to the maximum.

You can increase the confidentiality level of arbitration by following some of these tips:

Obligations of third parties

In order to maintain the statements, the proceedings, and the final award confidential, the third party involved in the arbitration must sign a confidentiality undertaking.

Choice of governing arbitral law

To avoid distribution and disclosure of documentation during the process of arbitration, it works as protection shield.

Requirements for documents

All documents exchanged and business secrets discuss in the arbitration are non-closure or to avoid distribute or publish to the public.

To learn more, feel free to get in touch with Aceris Law’s PCA Arbitration Lawyers Desk. It is a dedicated team of lawyers, which offer services at more cost-effective fees than other firms are. They also offer the highest quality international arbitration legal representation.

Aceris Law’s PCA Arbitration Lawyers Desk ensures that PCA arbitrations are handled cost-effectively by a dedicated team of arbitration lawyers, by making the best use of the arbitration lawyers’ linguistic and cultural skills.

For more information, visit https://www.acerislaw.com