Alternative Means of Settling Commercial Disputes (Negotiation – Mediation – Conciliation – Arbitration)

In recent times, the need has grown for alternative means of settling commercial disputes away from the courts and formal judicial systems. These means are valued for their discretion, privacy, and avoidance of publicity and defamation. They also aim to achieve commercial gains, support the growth of projects, and ensure the optimal circulation of capital. The most important of these means, which serve our aspirations, are negotiation, mediation, conciliation, and arbitration. These have been codified into legal provisions that are respected and implemented through clear mechanisms and well-defined procedures. This book addresses these means in a detailed manner, presented in a simple and progressive series of chapters, with the hope of raising awareness and establishing them as integral components of legal practice. It also seeks to meet the growing need for legal awareness regarding these essential tools in today’s economic and commercial interactions. These tools function within a framework of peaceful resolution, mutual respect, and confidentiality.