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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Commercial law
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ADR in Business - Practies and Issues across Countries and Cultures (Hardcover)
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ADR in Business - Practies and Issues across Countries and Cultures (Hardcover)
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ADR is not merely a substitute for court proceedings or
arbitration, but a method of dispute settlement in its own right.
In ADR proceedings, the parties call upon a third party not for a
decision, but for assistance in reaching an agreement. As a result,
ADR is not only less expensive and usually quicker than other
methods, but it is capable of giving both parties some degree of
satisfaction. The purpose of this book is precisely to look at ADR
on its own terms as a way of resolving business disputes,
particularly at the international level. Drawing upon diverse
approaches, ADR experts from a variety of countries explore the
situations to which ADR lends itself and the different permutations
it offers to allow each dispute to be handled in the manner most
fitting to the circumstances. The contributors also show how ADR
serves such important considerations as the interests involved, the
need to avoid a public display of differences, and the wish to
anticipate problems. By throwing new light on the achievements of
ADR and the possibilities it offers, this book will help to situate
ADR amongst the panoply of dispute resolution methods now available
to the international business community. Practitioners faced with
drafting a dispute resolution clause in a contract, or dealing with
a dispute which has arisen, will find expert guidance here when
deciding which method of resolution to adopt, or whether a
combination of procedures would be appropriate. Academics will
discover a very useful volume which not only deals with many of the
issues raised by ADR, in particular its relationship with
arbitration, but also provides material for comparative study of
how these issues have been approached and treated until now in
various regions of the world, cultures and backgrounds.
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