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Multi-Tier Approaches to the Resolution of International Disputes - A Global and Comparative Study (Paperback)
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Multi-Tier Approaches to the Resolution of International Disputes - A Global and Comparative Study (Paperback)
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Multi-tier dispute resolution (MDR) entails an early attempt at
mediation followed by arbitration or litigation if mediation is
unsuccessful. Seemingly, everyone acknowledges MDR's attractiveness
as a means of resolving disputes due to its combination of the
flexibility and informality of mediation with the rigour and
formality of arbitration or litigation. Yet, the question is why,
except in China and some Asian jurisdictions, MDR is not resorted
to around the world and MDR clauses in commercial contracts remain
relatively uncommon. This book responds to that question by (1)
surveying global regulatory approaches frameworks for MDR, (2)
comparing MDR trends in Asia and the wider world, (3) identifying
MDR's strengths and weaknesses, and (4) prescribing ways to address
MDR's weaknesses (the enforceability of MDR clauses, the
difficulties arising when the same person acts as mediator and
decision-maker in the same dispute, and the enforcement of mediated
settlement agreements resulting from MDR).
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