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  • Speed and availability.
    The arbitration procedure is very fast and flexible; the parties agree the periods in which to carry out various stages of the process. Unless otherwise agreed by the parties, they will receive a solution to their disputes within six months of issuance of the defence. The speed of the procedure is facilitated by the greater availability of arbitrators compared to judges of the courts of justice.
    The flexibility and speed of arbitration proceedings prevent unnecessary delays and any consequent deterioration of commercial relationships between the parties, for whom arbitration provides a way of helping them to resolve a specific conflict and turn a new page towards a better future, avoiding the frustration of truncated and crippled projects dependent on or influenced by the conflict.
  • Economical
    Arbitration proceedings as a whole are much more economical and profitable for the parties than traditional procedures. The main reason is that the arbitration results in an award that is final and executory and accordingly enforceable without the danger of being challenged on appeal or by way of judicial review. This means that a solution is obtained in one shot, without additional cost other than that produced by the arbitration itself. Furthermore, there is no need for the intervention of any professionals other than that the lawyer in the process.
  • Privacy
    Confidentiality is not only an advantage but a characteristic of arbitration, and one of the reasons many people opt for arbitration as a dispute resolution system, as the parties are guaranteed no publicity will be given to any of the matters settled by arbitration. This feature of arbitration is of utmost importance when dealing with issues such as competition law, industrial property, intellectual property, family issues and many other matters. The duty of confidentiality binds the parties, the arbitrator and the arbitral institution itself.
  • Specialities: Technical solutions to complex conflicts.
    Arbitrators appointed by the TAB are professionals specialized in the legal matters to be arbitrated. They are also familiar with the business sectors in which the activities occur (qualification criteria). This ensures the quality of awards (equivalent to judgments) because decisions are based on deep knowledge of and experience in the field in question, making for more efficient understanding and conflict resolution.
  • Efficiency and Effectiveness
    TAB arbitration guarantees the efficiency of the persons involved on behalf of the institution and the arbitrators appointed by it and the effectiveness of decisions rendered by the arbitrators. Most of the of arbitration awards made in the TAB are met voluntarily, without the need for judicial execution.