subject: Miami International Arbitration [print this page] Miami International Arbitration Miami International Arbitration
The Victoria law group provides service like Alternative Dispute Resolution (ADR). ADR includes such processes and techniques as negotiated settlements, mediation, collaboration, and arbitration. We discuss here about Miami International Arbitration. Their ADR practice is robust and ahead of its time. The lawyers have worked on local, national, and international ADR matters. So first of all we discuss Arbitration. Arbitration is a form of dispute resolution. It is the most common of disputes. Just as it sounds, it is a dispute between two commercial enterprises. The principles of Arbitration are:
Parties should be free to agree how their disputes are resolved, subject only to such safeguards as are necessary in the public interest.
The object of arbitration is to obtain a fair resolution of disputes by an impartial third party without unnecessary expense or delay.
Courts should not interfere.
Arbitration can be cheaper and more flexible for businesses and Miami International Arbitration is there to help you. Supporters of arbitration hold that it has a multitude of advantages over court action. It is a process in which one or more arbitrators hear evidence from the parties to a dispute and then issue an "Award" that decides who gets what. In some instances the arbitrator may also accompany the Award with an Opinion explaining the reasoning that led to the Award. Miami International Arbitration is a confidential procedure.
The decision taken in Miami International Arbitration is final and easy to enforce. In this the parties agree to carry out the decision of the arbitral tribunal without delay. International awards are enforced by national courts under the Miami Convention, which permits them to be set aside only in very limited circumstances.
Miami International Arbitration can be either voluntary or mandatory. The lawyers have worked on local, national and international ADR matters.
