Alternative Dispute Resolution
(Arbitration)
In the modern business environment, where speed and efficiency are key factors influencing success, arbitration has become one of the most popular and effective means of resolving disputes outside of traditional courts. It provides disputing parties with a flexible legal mechanism for resolving disputes through binding decisions issued by carefully selected arbitrators, ensuring fairness and speed in adjudicating cases.
What is arbitration?
Arbitration is a legal process alternative to litigation, in which a neutral party or independent arbitral tribunal is chosen to consider the dispute and issue a final, binding decision. Arbitration is characterized by procedural flexibility, as the parties can agree on the rules governing the process, select the arbitrators, and set a timeframe for resolving the dispute, giving them greater control over the course of the case.
Types of arbitration
Arbitration varies according to its nature and areas of application. The most prominent types are:
Labor arbitration:
It is used to resolve disputes between employers and employees over contractual rights and obligations.
Investment arbitration:
Specializes in disputes between investors and states, especially in international agreements.
Commercial arbitration:
It is used in disputes between companies or business partners over contracts or business transactions.
Engineering and Construction Arbitration:
It is applied in contracting and construction disputes, and relies on experts in the field.
Advantages of arbitration over litigation
Confidentiality and privacy:
Unlike courts, which hold public hearings, arbitration provides complete confidentiality, protecting the reputations of the parties and maintaining the privacy of the dispute.
Possibility of choosing arbitrators:
It allows the parties to choose legal experts or specialists with in-depth knowledge of the nature of the dispute, ensuring a fair and accurate decision.
Flexibility in procedures:
The parties may choose the governing laws, venue, language, and arbitration body appropriate for their case.
Final and binding decisions:
Arbitration awards have the same force as court awards, ensuring they can be enforced without the need for additional litigation.
Speed in settling disputes:
Arbitration proceedings are typically faster than traditional courts, reducing the time wasted in litigation.
Cost savings:
Although some arbitration cases can be expensive, they are often less expensive than lengthy court litigation.
Our arbitration services
At Issa Haddad & Co, we provide comprehensive arbitration services including:
Conducting arbitration proceedings in accordance with best legal practices and international standards.
Drafting and reviewing arbitration agreements to ensure the legal terms are clear and binding.
Representing clients in arbitration cases before local and international bodies.
Implementing arbitration awards and following up on legal procedures to ensure the implementation of decisions issued by arbitration bodies.
Providing legal advice on arbitration to help companies and individuals choose the best ways to resolve their disputes effectively.
Why choose Issa Haddad & Co. for arbitration?
We have extensive experience in arbitration and work to provide specialized legal solutions that guarantee our clients' rights and protect their interests. Our thorough and transparent approach helps achieve fair and speedy results, taking into account all legal and practical aspects of disputes.
Whether you want to resolve your dispute through arbitration or need legal advice on how to include arbitration in your commercial contracts, we're here to help. Contact us today to discover how arbitration can be the best solution for your dispute.