International Arbitration Update No. 8 Merits of International Commercial Mediation
For both companies and lawyers involved in cross-border transactions, the option of using an alternative dispute resolution mechanism known as international commercial mediation has attracted increasing attention in recent years.
For both companies and lawyers involved in cross-border transactions, the option of using an alternative dispute resolution mechanism known as international commercial mediation has attracted increasing attention in recent years.
While international commercial mediation has this advantage, it also has many unique features which are different from arbitration or litigation, and it is important to understand these differences.
In this client alert, we provide a brief summary of the features and procedures of international commercial mediation, and introduce major international commercial mediation institutions in Asia.
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