Page Tags: Settlement

Categories Remedies | damages

Categorising Remedies, Damages  Expectation damages, reliance damages and restitution. Remedies and damages are legal solutions that can be sought by a party who has suffered harm or loss as a result of a breach of contract or other legal wrongdoing. Three main types of damages are expectation damages, reliance damages, and restitution. Expectation damages: Expectation …

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Alternative Disputes Resolution – ADR

Alternative Disputes Resolution

Alternative Disputes Resolution   Definition Besides than court system, there are other ways for people to solve their disputes. Due to the inefficiency of the court system, two main alternative dispute resolutions such as mediation and arbitration are to be introduced. Alternative Disputes Resolution also known as ADR refers to settling the disputes outside the court. ADR …

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Advantages Of Arbitration

Advantages of arbitration.

Advantages Of Arbitration Benefits of Arbitration, Adjudication, mediation, mediator, negotiation, conciliation,   Arbitration, adjudication, mediation, negotiation, and conciliation are all alternative dispute resolution (ADR) methods that offer numerous advantages over traditional litigation. Here are some of the benefits of each: Arbitration: Expertise: Arbitrators are typically chosen for their expertise in the subject matter of the dispute, …

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Arbitration or Litigation?

litigation or Arbitration

Arbitration or Litigation? The parties to a dispute are in principle to choose a method of resolving it. Arbitration and litigation each offer certain advantages. Even where a contract contains a clause stating that disputes shall be settled by arbitration, the parties may agree to ignore this and instead go to court. However, the presence …

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Litigation and Arbitration

Litigation and Arbitration Litigation and Arbitration Alternative Dispute Resolution  Alternative Dispute Resolution (ADR) is a term that encompasses various methods of resolving conflicts and disputes outside of traditional court litigation. One popular form of ADR is arbitration, which involves the submission of disputes to one or more impartial individuals, known as arbitrators, who make a …

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