Why Choose Private Dispute Resolutions?

When problems arise under international commercial contracts, international commercial arbitration can be used to resolve them. Alternative to litigation, it is governed by the contracting parties' prior agreements rather than by national legislation or procedural regulations. When it comes to contract conflicts, most clauses stipulate arbitration rather than litigation as a means to resolve them. For instance, when negotiating a contract, the parties can agree on a venue, procedural procedu...