Alternative Methods For The Resolution Of Trade Disputes
AbstractThe domain of alternative trade dispute resolution provides a wide field of mechanisms and procedures designed to facilitate the optimal dispute resolution in a creative and effective way, without the intervention of courts, by using a rich range of procedures. All extra-judicial means of resolving commercial disputes, from the pure and simple transaction to mediation, conciliation and arbitration, are based on the agreement of parties. Traders need to get rid of the statist mentality that only supports state intervention in resolving disputes and to embrace alternative ways of resolving these conflicts, which are more flexible, faster and cheaper and which must be taken in this context of new socio-economic conditions.
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Bibliographic InfoArticle provided by Petru Maior University, Faculty of Economics Law and Administrative Sciences and Pro Iure Foundation in its journal Curentul Juridic, The Juridical Current.
Volume (Year): 50 (2012)
Issue (Month): (December)
commercial disputes; alternative resolution; reconciliation; mediation;
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- K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process
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