We recently circulated our Commercial and Employment Update containing the following articles and news: What you don't know can't hurt you? The employment tribunal thinks otherwise Why bother with a shareholders' agreement? Was...
Arbitration is a form of alternative dispute resolution.
The parties can refer their matter to an Arbitrator who has expert knowledge in building disputes and the Arbitrator will review the evidence presented and will reach a decision which both parties will be bound by. This decision will be enforceable if the Parties fail to adhere to the decision reached.
Many individuals consider arbitration as a straight forward and cost effective approach to litigation.