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Arbitration

Arbitration

Arbitration is an alternative dispute resolution procedure frequently used to settle civil and commercial disputes.

Arbitration is frequently used to settle civil and commercial disputes, especially in the sector of international trade.

Arbitration is an alternative dispute resolution procedure (other than any ordinary lawsuit), consisting in entrusting one or more third parties (arbitrators) with the task of settling a dispute by issuing a resolution that is binding upon the parties and can be executed by means of injunction.

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