Commercial Mediation in the Americas

H. Otero
Otero, Hernando
A.L. Torres
Torres, Amanda Leigh

Article from: TDM 2 (2016), in Latin America

Introduction

Mediation is an alternative dispute resolution (ADR) process through which a neutral assists parties in dispute to reach a settlement. Although the mediator has no authority to impose solutions upon the parties, he or she facilitates discussions and negotiations to resolve the dispute. Compared to arbitration, mediation offers a flexible, cost-effective and confidential procedure while still affording a comparatively simple and effective enforcement. For these reasons, leading international ADR services institutions have recently updated their mediation rules and made a renewed ...

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Suggested Citation

H. Otero; A.L. Torres; "Commercial Mediation in the Americas"
TDM 2 (2016), www.transnational-dispute-management.com

URL: www.transnational-dispute-management.com/article.asp?key=2334