Monday, April 23, 2012

International Commercial Arbitration: A Panacea for Global Trade?

It is fair to say that in recent years commercial arbitration has become a preferred solution in the field of resolving legal disputes between corporations and even between business partners. Apart from this, arbitration is in many aspects a win/win solution for disputants which avoids expensive traditional litigation involving costly discovery and, as in the United States, deposition.

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