Paper Title :The Importance of Mediation for Resolving the Business Disputes

Author :Farouq Saber Al-Shibli

Article Citation :Farouq Saber Al-Shibli , (2018 ) " The Importance of Mediation for Resolving the Business Disputes " , International Journal of Management and Applied Science (IJMAS) , pp. 29-31, Volume-4,Issue-9

Abstract : The companies and investors should ensure that relationships with their contractors are maintained and court litigation system should be used for resolving the disputes as a last resort because the disadvantages of this system. Avoiding the risks of settling commercial disputes by courts requires the availability of alternative mechanisms, and it is assumed that Alternative Dispute Resolution (ADR) offers efficient alternatives. In general, mediation is the most common forms of ADR and it has used effectively in settling disputes. It is necessary therefore to examine in this paper the importance of mediation to be used in settling the business disputes, in order to establish a strong legal system that encourage and protects the investments. Key words - Mediation, ADR, Business Disputes.

Type : Research paper

Published : Volume-4,Issue-9

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