International Arbitration Versus Litigation
While companies – particularly emerging companies – may have limited capacity to address dispute resolution, such terms can be essential in their agreements should a dispute later emerge. As no one size fits all, either arbitration or litigation may be appropriate based on several factors, including the type of commercial agreement (and potential disputes), confidentiality concerns or desire for more (or less) discovery. When the agreement is cross-border, arbitration is likely to be superior to [...]