Tactics in M&A Arbitration
In today’s globalised economy increasing numbers of M&A transactions are international, both in terms of parties and subject-matters.
The same applies to disputes arising out of such transactions. These disputes are typically referred to arbitration, which has become the preferred dispute resolution method in international business. Arbitration is inherently flexible, given the freedom of the parties to select arbitrators and to adjust the process according to their needs. This creates scope for tactical manoeuvre which, skilfully handled, can contribute significantly to the successful outcome of a dispute for a party.
Tactics in arbitration proceedings are generally more significant than proceedings before courts, which are handled in accordance with established and very detailed procedural rules. It is essential for the parties to know how to use the extra tactical scope bestowed by arbitration to best effect, and in good time.
|Publisher:||German Law Publishers|
|Author(s)||Meckes, F and Wach, J|