The Use of Expert Determinations to Resolve Sale and Purchase and Valuation Disputes
Article from: TDM 2 (2017), in Non-Legal Adjudicators in National and International Disputes
Executive Summary
Expert determination (ED) is a form of alternative dispute resolution (ADR), offering a different way of resolving a dispute to the normal method of resorting to a court or arbitration tribunal. It can be a highly effective, speedy and cost-efficient way of resolving disputes of a technical nature by an expert in that technical field. It is fully accepted as a means of dispute resolution in the UK, US and certain other jurisdictions. In the UK, an expert may give his/her determination by way of a reasoned or non-reasoned (or non-speaking) award, although in civil law jurisdictions such ...