Review:
International Arbitration
overall review score: 4.5
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score is between 0 and 5
International arbitration is a method used to settle disputes between parties from different countries outside of traditional court systems.
Key Features
- Neutral decision-makers
- Confidentiality
- Flexibility in proceedings
- Enforceability of awards
- Expertise in international law
Pros
- Efficient resolution of disputes
- Choice of arbitrators
- Enforceable awards across borders
Cons
- Costly process
- Limited ability to appeal decisions