Arbitration
Arbitration is an alternative form of dispute resolution where parties agree to submit their dispute to one or more arbitrators who act as neutral third parties. Parties have more control over the arbitration process, including selecting the arbitrators, determining the law, language, and procedures. Arbitration generally offers a faster resolution compared to traditional litigation.
Arbitrators can be chosen based on their expertise and experience in the subject matter of the dispute. This ensures that the decision-makers have a deeper understanding of the specific legal and technical issues involved, leading to more knowledgeable arbitral award.
Arbitration proceedings often provide a higher level of confidentiality compared to public court hearings. This allows parties to keep sensitive information and trade secrets private, protecting their business interests, their reputation and preserving confidentiality.
Paniagua Law Firm PLLC, has experience and knowledge of the common law system (United States) and the civil law countries (Latin America). We can provide you with legal advice to draft arbitration clauses in your contracts both in U.S. domestic contracts and international contracts. We can represent you in U.S. domestic arbitration and also in international arbitration under the Rules of ICC and ICDR.