What is it?


It is an alternative method of dispute resolution, by free will of the parties, transferring to third parties, the arbitrators the resolution of the dispute.

The following are highlights among the advantages of arbitration:

- autonomy of the will of the parties;

- choice of applicable law;

- indication of the place of arbitration;

- determination of the time required to settle the dispute;

- informality, flexibility and expedition of the proceeding;

- confidentiality;

- transparency of the proceeding in all its phases;

- impartiality of arbitrators, safeguarding the necessary legal certainty;

- full and unrestricted right of defense;

- the arbitration award produces the same effect as a court decision;

- greater availability of arbitrators.

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