You are on page 1of 8

Dispute Resolution

Principles of dispute resolution


Negotiation
Adjudication
Mediation, Conciliation
Arbitration
litigation

1
Dispute Resolution
Negotiation
The parties themselves settle their
differences
Adjudication
The dispute is presented to a third party
The third party is appointed by both parties
Decision of the adjudicator is binding on
the parties until it is reversed by arbitration
or litigation

2
Dispute Resolution
Mediation,Conciliation
A third party assists the parties to reach an
agreement
The assistance may be facilitative or
evaluative
Non-binding
Facilitative: not required to make
recommendations
Evaluative: can make recommendations
May be conducted under agreed rules

3
Dispute Resolution
Arbitration
Dispute is submitted to one or more
arbitrators
The decision is binding
Conducted under agreed rules of
procedure
• UNCITRAL Arbitration rules
• ICC Rules of Arbitration

4
Dispute Resolution
Litigation
Dispute is taken to court for
resolution

5
Dispute Resolution

6
Dispute Resolution

7
8

You might also like