KEYS TO EFFICIENT ARBITRATION BEFORE THE DISPUTE AND ALONG THE WAY The key to efficient arbitration is making good agreements. The speed, cost and overall efficacy of arbitration is largely dependent on the procedure followed in arbitration proceedings. The arbitration procedure is prescribed by consent There are different sets
Expert Evidence in International Arbitration In every arbitration proceeding, there are specific issues in dispute, out of which the parties’ claims arise. Both parties will have conflicting answers to those issues, and thus, they will provide contradictory evidence and account of what happened. Each party would give evidence to
Rick del Sentro, CEO & Partner at ZGrowth Partners LLC said it plainly and spot-on: “sometimes the person who thinks he or she is a business partner isn’t one at all. In my world, a business partner is someone who helps you advance the company. That is to say, they are
“We are losing roughly 17% to 40% of the value on our typical contract – from the time of execution to the close-out date. The main sources of value leaks are 1. disagreements over contract scope; 2. failures due to over-commitment; 3. weaknesses in contract change management; and 4.
“Experience shows that employers are keen on assuming that the guarantee held by them is on-demand, where in reality it might not be.” Performance guarantees: practical experience in the UAE This article covers the nature and type of performance guarantees commonly used in the construction industry