Arbitration in unprecedented times: An optimal alternative for resolving disputes
With the COVID-19 pandemic forcing significant, temporary changes for courts and businesses alike, parties will have to think of alternatives beyond the courtroom to resolve disputes. Like many jurisdictions tackling this pandemic, Canadian courts have responded with closures and limiting hearings to urgent cases only. These closures, combined with the fact that many commercial disputes may arise as a result of the substantial impact the COVID-19 pandemic has had on business operations, means that parties should consider dispute resolution mechanisms that are effective, customizable and efficient. Arbitration (whether domestic or international) could be the answer.
In our Update, "Arbitration in unprecedented times: An optimal alternative for resolving disputes," we discuss the advantages of arbitration. Find out more.