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Multi-Tier Approaches to the Resolution of International Disputes: A Global and Comparative Study

Author: Anselmo Reyes | Weixia Gu |

6,300.00

A Global and Comparative Study

Additional information

Weight 1 kg
Dimensions 47.5 × 37 × 1 cm
ISBN

9781108796057

Publisher

Cambridge University Press

Format

Paperback, Softback

Publishing Date

16-Dec-21

SKU: TMP_PUB_1931 Categories: , , Tags: , , Product ID: 24145

Description

Multi-tier dispute resolution (MDR) entails an early attempt at mediation followed by arbitration or litigation if mediation is unsuccessful. Seemingly, everyone acknowledges MDR’s attractiveness as a means of resolving disputes due to its combination of the flexibility and informality of mediation with the rigour and formality of arbitration or litigation. Yet, the question is why, except in China and some Asian jurisdictions, MDR is not resorted to around the world and MDR clauses in commercial contracts remain relatively uncommon. This book responds to that question by (1) surveying global regulatory approaches frameworks for MDR, (2) comparing MDR trends in Asia and the wider world, (3) identifying MDR’s strengths and weaknesses, and (4) prescribing ways to address MDR’s weaknesses (the enforceability of MDR clauses, the difficulties arising when the same person acts as mediator and decision-maker in the same dispute, and the enforcement of mediated settlement agreements resulting from MDR).