Arbitration in Central America
The region already has rules for arbitration and other alternative methods for conflict resolution that are in line with international standards regarding arbitration.
Tuesday, April 21, 2009
The analysis of Álvaro Castellanos Howel in the article published in the Eleconomista.com Blogs section focuses on the need for the state judicial system to understand its role in assisting and working with arbitration and dispute resolution systems.
Throughout the region, arbitration and conflict resolution laws recognize and reflect the fundamental principle of "judicial assistance."
The Lawyers Association of Costa Rica has opened a mediation or arbitration center, which can be used for work, family, commercial or civil conflicts.
While conventional courts take between 4 and 7 years to rule on a case, conciliation and arbitration centers do so in between 8 and 10 months.
The growth projected in the maritime industry is encouraging the creation of an entity focused on reconciliation and conflict resolution between shipping companies and businesses.
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