Emerging dispute resolution centres are developing innovative ways to attract businesses, explain Clydes’ Neil Jamieson, Stephen Moi and Jason Cherot
There has been a notable recent increase in international disputes. Although arbitration continues to be the most widely-used procedure to settle disagreements between international litigants outside the court system, certain regions have developed alternative dispute resolution (ADR) methods such as combined arbitration and mediation (arb-med) and dispute boards to respond to particular problems. These alternatives to court proceedings carry efficiency and costs benefits, especially in parts of the world where there may be concerns that the local court infrastructure is not well equipped to resolve high-value, complex commercial disputes expediently and impartially.
