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