Alternative Dispute Resolution in Civil Matter
A civil dispute is a dispute regarding the breach of contract or agreement between disputants or both parties involving a claim for damages or compensation. The disputes can be related to money loan, asset leasing, bill of exchange, breach of contract, mortgage, sale, and purchase, or inheritance. All of which require the hiring of a lawyer to continue with the court process.
Alternative Dispute Resolution
Sometimes, parties may agree that they do not want to proceed to court and opt for out-of-court dispute resolution (Alternative Dispute Resolution, abbreviation: ADR). Alternative Dispute Resolution methods are including negotiation, conciliation, mediation, and arbitration proceedings (read more here). These proceedings are not recorded on the profile and therefore benefit the parties by eliminating the need for regular court appearances and resulting in shorter and less complicated legal proceedings than court proceedings. Additionally, it is not mandatory to reveal personal information to the public. As a result, alternative dispute resolution is becoming prominent in civil matters, for instance, a violation of a construction contract due to a failure to complete the project within the agreed time, a claim for damages against the breaching company, or a family inheritance lawsuit.
THAC’S NEWS & ARTICLES
Arbitration Centers
One of the popular alternative dispute resolution methods is an agreement to appoint an independent person who is not related to both disputants. The appointed person will have expertise in dispute matters and being impartial. This person is called an arbitrator. The arbitrator can be appointed in either a single person or as a tribunal, consisted of the person in odd number. The arbitrator will decide on the disputing matter according to the relevant law by proceeding with a trial and a hearing. When the award is rendered, both parties must accept and comply with such award, which cannot be refused. The award may be issued production of documents for both parties. If one party refuses to comply with the award, the other party is entitled to submit to the court an application, along with a related document, to enforce the award upon the refusing party. However, as the arbitration proceeding is only an alternative dispute resolution outside the court, the parties can also submit a petition to the court seeking the annulment of the arbitral award. (read more here)
As previously mentioned, arbitration is quite widespread and well-received because the proceeding is more convenient and economical than judicial proceedings in many cases and without recording history. If you are interested in arbitration services, please contact Thai Arbitration Center or THAC at email [email protected] or phone number +66 (0) 2018 1615 for additional information.
About us
Thailand Arbitration Center or THAC is a center that provides services in arbitration and mediation with an international standard. It has been in operation since 2015 to support and promote international arbitration and provide arbitration services that are independently operated with international standards. With experience and professional expertise, thus, ensuring that users will receive accurate and fast services. Also, THAC is located in the central business district, which makes it easier to travel. It also offers services at a lower rate which helps you to save both time and money.