Rapid, cost efficient and confidential, arbitration is an effective means of resolving disputes between commercial partners. Unlike judgments from ordinary courts, international arbitral awards are easily enforceable in most countries. Geneva is a worldwide centre for diplomacy and offers a neutral platform for the resolution of international disputes. Geneva is an excellent arbitration centre by virtue of the quality of its international character, its highly qualified professionals as well as its modern and flexible Swiss arbitration law.
Arbitration is a confidential means of dispute resolution based on the parties’ willingness to refer a matter to arbitrators whom they instruct to resolve the dispute. Arbitrators are private, independent and most often specialists in the field concerned. Due to international treaties and conventions, the recognition and enforcement of arbitral awards is usually easier and less complex than the recognition of judgments rendered by ordinary courts.
Advantages of the Swiss Rules of International Arbitration