{"id":4814,"date":"2017-10-20T15:43:32","date_gmt":"2017-10-20T15:43:32","guid":{"rendered":"https:\/\/simplylaw.waydevelopers.com\/england-wales\/wiki\/arbitration\/"},"modified":"2023-11-04T13:12:04","modified_gmt":"2023-11-04T13:12:04","slug":"arbitration","status":"publish","type":"guides","link":"https:\/\/simply.law\/england-wales\/guides\/commercial-litigation\/alternative-dispute-resolution\/arbitration\/","title":{"rendered":"Arbitration an alternative dispute resolution process"},"content":{"rendered":"

Business disputes are almost inevitable, and when the parties cannot agree an answer between them, finding the right resolution method quickly is critical. Avoiding lengthy delays and allowing a peaceful progression of the project, as well as offering the possibility of maintaining harmony between the disputing parties, promotes the best chance of a successful, overall result. Dispute resolution through arbitration gives a neutral, confidential and enforceable answer to the problem.<\/p>\n

Arbitration<\/h2>\n

Finding the key to the issue is not the only challenge that parties face when entering dispute resolution through arbitration. Working within a global marketplace will often result in cross-border disputes and having a decision which is enforceable across multiple jurisdictions is often necessary.<\/p>\n

Unlike the semi-comparable High Court judgements, decisions reached through arbitration are automatically enforceable in cross-border disputes. Other benefits of this method of dispute resolution include:<\/p>\n