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When your business becomes involved in a dispute with a customer, supplier or another party, you can resolve them without going to court. Essentially there is more than one method to resolve a dispute. Even when sometimes a lawyer is unable to negotiate a resolution on their own, they need to find some other method of dispute resolution. Many countries these days have come forward to take steps in resolving disputes amicably and protect the interest of an investor. For example, international investment arbitration is one of the strong forms of arbitration that protects the investor's rights. Resolving disputes between nations and parties of different countries can be highly complex. But thanks to some dispute resolution methods, it is possible to resolve them and get proper solutions. International dispute resolution law deals with many cases under the Swedish Arbitration Institute of the Swedish Chamber of Commerce, the London Court of International Arbitration and the Internatio...

There is no civil litigation matter that is complete without considering alternative dispute resolution, also known as ADR. The importance of ADR is increasing as most cases settle outside of court instead of going to a dispute resolution law firm . Most of the disputes that are due have been successfully resolved under dispute resolution. However, alternative dispute resolution is not a solution for every civil argument. In some cases, employing dispute resolution is not a wise and sound idea. It is considered a potential waste compared to traditional litigation. If you have any pending civil matters and want to know how dispute resolution works, continue reading. Benefits of Alternative Dispute Resolution Alternative Dispute Resolution helps to save money and speeds up the settlement process. In this process, parties play an essential role in resolving their issues. It often provides benefits like creative solutions, longer-lasting outcomes, greater satisfaction, and improved relatio...

It is common for people to engage in trade and business "internationally" and sign international commercial contracts. Such contracts strengthen the global economy and open doors for many possibilities. International commercial contracts have a long history of existence. Having said that, it always has a chance of disputes too, between parties. International commercial disputes can create animosity between two parties and have political and economic repercussions. That is why it is essential to be prepared beforehand and find the best investment dispute resolution methods. Usually, parties make a pre-arrangement to solve existing and future disputes. Parties have to choose both "choice of forum for dispute resolution" and "applicable law" for dispute resolution. The forum is either litigation or an alternative dispute resolution court. When we talk about alternative dispute resolution methods, we will talk about the best method, which is widely recognised...

These days courts have been burdened with a massive number of cases. It could be a reason why judgement gets delayed. The whole process consumes the justice seeker’s time and money. Since courts are overburdened with cases, they are not able to release the decision on time. The legal system in any country is expected to resolve disputes quickly and efficiently. But long trials discourage people from considering the court system. Therefore, it is essential to consider alternative dispute resolution. For this, we need to understand alternative dispute resolution in detail. Alternative dispute resolution covers many types of different dispute resolution processes. Arbitration, conciliation and mediation are some of the best dispute resolution methods that help parties resolve disputes with different parties without going to court. If you do not want to go to court and do not want to invest your time and money unnecessary in court proceedings, you can consider alternative dispute resolutio...

International commercial arbitration law can resolve disputes within international commercial contracts. Arbitration is a flexible method to resolve disputes with the consent of both parties. If you are looking to sign a contract with another party, you can add a relevant arbitration clause to the contract. The ease of application makes arbitration a preferred option of dispute resolution for parties. Over the years, arbitration has emerged as a strong and widely accepted method to resolve disputes. Rapid globalisation has increased the volume of international contracts with clauses including international arbitration. This has also improved cross-border commerce and investment. It is useful for foreign companies located in the same country. So, it is not incorrect to say that arbitration has become an international tool to resolve disputes that arise in the business community. As per the report published in ICC , the court registered around 946 cases in 2016. These figures indicate a ...

As many of us know, global flows of FDI investment have seen massive growth in the last few years. Due to this many multinational companies and overseas investment activities have become an essential part of the world’s economy and globalisation.  In order to ensure an uninterrupted growth in this trend, a large network of investment treaties and customary international law obligations have come to the light. Some investment treaties and customary international law obligations provide extra protection to bring investment claims against a host state in the light of international law.  A foreign investor can leverage investment dispute resolution procedures to register a case against a host state in the case of a dispute. According to the ICSID, investors preferred the arbitration mechanism provided by the ICSID Arbitration Rules. The institute registered a total number of 66 cases in 2021 and 58 in 2020. This method is helpful for foreign investors to stay compliant with intern...

International Commercial Arbitration is now a popular dispute resolution method for many businesses and governments. It is a dispute resolution method that allows parties to resolve their differences without going to court. Being involved in a dispute is an overwhelming and expensive task to begin. But, arbitration is one of the best processes tailored according to your needs. It is effective and convenient as it saves time and costs. Also, arbitration gives the flexibility to parties that they cannot get from the usual court proceedings. In international trade and commerce, and government contracts. arbitration has emerged as one of the strong and widely accepted methods of dispute resolution. More than 90% of international contracts have arbitration clauses. It means globalisation and trade between countries have made us realise the importance of commercial contracts. And in turn, the need for arbitration is felt by many people.  The availability of such dispute resolution method...