The sources provide an extensive overview of Alternative Dispute Resolution (ADR), defining the concept, outlining its historical institutionalization from ancient practices to modern international treaties, and detailing its core principle of Party Autonomy. The text compares and contrasts the primary methods of ADR, mediation and arbitration, explaining the roles of neutral parties and emphasizing the advantages (speed, cost, confidentiality) and disadvantages (limited appeal, reduced disco...
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The sources provide an extensive overview of Alternative Dispute Resolution (ADR), defining the concept, outlining its historical institutionalization from ancient practices to modern international treaties, and detailing its core principle of Party Autonomy. The text compares and contrasts the primary methods of ADR, mediation and arbitration, explaining the roles of neutral parties and emphasizing the advantages (speed, cost, confidentiality) and disadvantages (limited appeal, reduced disco...
Glossary of Key Terms Corporation: A legal entity separate and distinct from its owners, formed under the laws of a specific jurisdiction.Legal Personality: The recognition of an entity (like a corporation) as having the same rights and responsibilities as a natural person under the law.Limited Liability: A legal principle that protects shareholders from being held personally liable for the debts and obligations of the corporation beyond their investment.Board of Directors: A group of individ...
Legal English Innovation SAS
The sources provide an extensive overview of Alternative Dispute Resolution (ADR), defining the concept, outlining its historical institutionalization from ancient practices to modern international treaties, and detailing its core principle of Party Autonomy. The text compares and contrasts the primary methods of ADR, mediation and arbitration, explaining the roles of neutral parties and emphasizing the advantages (speed, cost, confidentiality) and disadvantages (limited appeal, reduced disco...
