For Dispute Resolution‚ there are more methods provided in FIDIC compared with HKIA form. Arbitration is the sole method in HKIA form. Arbitration is a legal process and the award of arbitrator is finalized and binding. Apart from the arbitration‚ Disputes Adjudication Board and amicable settlement can be adopted in FIDIC. Before going to the arbitration‚ DAB shall be carried out in advance. It is a smoother way compared with arbitration and it can save more cost and time if the disputes can be settled
Premium Dispute resolution Construction
Milne Dispute Resolution Methods Within the construction industry there are many occasions where a dispute can arise; from an issue over a development approval‚ through payment disputes and quality and defect issues‚ to Work Cover and compensation claims. All of these can be resolved through many different methods‚ these include‚ but are not limited to; litigation‚ mediation‚ arbitration and expert determination (both binding and non-binding). While all these options can provide a resolution‚ they
Premium Dispute resolution Mediation
International Dispute Resolution 1. Can Alternative Dispute Resolution address the problems of international jurisdiction? Outline of Essay 1) Overview of international jurisdiction 2) Introduction of ADR 3) Types of ADR: -Negotiation -Arbitration Describe the pros and cons of these ADR and how they resolve disputes 4) Benefits of ADR over litigation (eg saves time and costs) 5) Limitations of ADR (the outcome may be disputed) 6)Conclusion Dispute resolution management for international
Premium Arbitration Dispute resolution
What are the positions/interests of each other? Answer: Sarah wants to try and meet new friends. Sarah also wants to meet new people in her program. April is more concerned with immediate family issue rather than education. 4. What was your resolution a. Was your result a win-win or a win-lose? Explain Answer: April is going to go set up a meeting with the professor to explain the situation with the hopes of getting an extension. Both parties will be happy with this solution because April gets
Premium Dispute resolution Negotiation Getting to YES
Felicia Myles Alternative Dispute Resolution Belhaven University Negotiation is one of the most general approaches used to formulate decisions and handle disputes. If negotiations are unsuccessful‚ it is essential to search for assistance of a neutral third party to facilitate a resolution. Going to court is not the way to handle disputes. With the expensive costs‚ long delays‚ and loss of confidentiality involved in going to court‚ people are turning to more efficient methods to resolve
Premium Dispute resolution Alternative dispute resolution
<C.K. Clardige‚ Inc. Case> 1. What are the interests in this case of the various players in the Varacil market? 1) Tolemite This company developed Varacil production patent in the market. Tolemite had a monopoly in this patent and this company licensed this skill to BARD. Tolemite took a royalty from BARD about 4% amount of sales. 2) BARD BARD is the number one firm in the Varacil market. They had an overwhelming market share in Varacil market. They had given royalty
Premium Dispute resolution Marketing Interpersonal relationship
Because of the expense associated with legal proceedings‚ many companies seek alternative ways to negotiate‚ settle disputes‚ and mitigate contract disputes. Alternative dispute resolution (ADR) is one way those companies can help keep legal costs down. Within the realm of ADR‚ there are several different options‚ ranging from arbitration to mediation. “ADR describes a variety of approaches to resolve conflict which avoid the cost‚ delay‚ and unpredictability of the traditional adjudicatory processes
Free Alternative dispute resolution Dispute resolution Mediation
“Alternative Dispute Resolution” “It is the spirit and not the form of law that keeps the justice alive.” -- LJ Earl Warren INTRODUCTION: Alternative methods of dispute resolutions‚ popularly known as ADR are necessary. As an alternative to existing methods of dispute resolution such as litigation
Premium Arbitration Dispute resolution Alternative dispute resolution
process‚ alternative dispute resolution‚ known as ADR is a more flexible‚ less expensive‚ not as time consuming‚ and confidential process. There are several forms of alternative dispute resolution‚ mediation‚ arbitration‚ negotiation‚ conciliation‚ mini-trial‚ fact-finding and utilizing a judicial referee. Arbitration and mediation are similar to where it is a form of negotiation and a neutral party settles the dispute. Negotiation is where the two parties negotiate to settle the dispute. A mini-trial is
Premium Dispute resolution Alternative dispute resolution Mediation
Alternative Dispute Resolutions Business Law 531 March 11‚ 2013 Thomas Kershaw Alternative Dispute Resolutions Traditional litigation and nontraditional Alternative Dispute Resolution both seek to settle disputes however litigation is more costly than ADR. Therefore‚ plaintiffs should consider the use of ADR before requesting a trial. Traditional Litigation Parties may pursue ADR‚ as well as‚ traditional litigation in trying to resolve a dispute however the latter is more complex and
Premium Dispute resolution Jury Civil procedure