Arbitration and Litigation in Cross-Border Contracts
This Skill Bit shows that arbitration offers confidentiality, flexibility, and easier enforcement across borders, but can be expensive and lack appeal options. Litigation provides a structured framework and appeals, but faces challenges in jurisdiction, enforcement, and time. Consider these factors to choose the best dispute resolution method for your international contract.
Duration approx. 5 Min.
Tier: advanced
A part of International Business Transactions: Strategies for Success in International Trade Agreements course.