Disputes are a fact of corporate life. Conflicts emerge from a combination of factors, and when an international element is added to the mix, further challenges arise. Understanding disputes and developing a comprehensive resolution strategy is imperative. While disputes are often unavoidable, litigation is not, and companies can consider arbitration, mediation and other forms of dispute resolution as a viable option. They should also draft contract clauses from the outset that deal specifically with potential future conflict.
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Reprinted with permission from Financier Worldwide Magazine.