Arbitration, may serve to solve different kinds of disputes. As long as there is a financial interest at stake, arbitration can be effectively used as a way of dealing with controversies.
Arbitration may be classified in accordance with the industry in which the dispute arises. The relevance of classifying arbitration as such can be felt when it comes to defining specific features of the procedure. For instance, construction arbitration usually requires the employment of technical experts and entails extensive document production by the parties; investment arbitration usually requires the procedure not to be confidential due to public interests at stake; corporate arbitration, on the other hand, is often kept confidential not to harm the public image of a company.
CONTACTS FOR THIS DISPUTE RESOLUTION METHOD: