Dispute Boards, Conflict Avoidance Panels and Hybrid Dispute Resolution Processes: Upstarts or the Mainstreams of the Future?
There has always been swirling around the world of private dispute resolution the idea that each of the various processes, arbitration, mediation and adjudication, might not be the complete answer nor what the parties might actually need. Arbitration on its own can be costly and time-consuming, although it produces a definite answer. It may do little to improve relationships between the parties on long term projects. Mediation, if a settlement is achieved, has the capability of maintaining and even rebuilding relationships but there is no guarantee of an outcome. Adjudication and other similar processes are often, in the case of the construction industry, created by legislation, although otherwise creatures of contract, are often holding processes that keep cash flowing. Historically it might be said that there has not been as much overlap and communication as there could have been between the neutrals who practice in these areas.
This Evening Seminar at the Kuala Lumpur Regional Centre for Arbitration will look at and define the existing models and then look at Dispute Boards, now a familiar feature of major projects funded by the Multilateral Development Banks, and move through existing although tricky concepts, such as to Arb-Med and Med-Arb, into the new world of Conflict Avoidance Panels, as exemplified by the Transport for London initiative and the new UK initiative on IT Contracts.
The Evening Seminar will be moderated by KLRCA's Director, Datuk Professor Sundra Rajoo and the speakers John Wright and Michael Cover are both be experienced third party neutrals, whose expertise spans the various forms of dispute resolution to be covered. John and Michael are both Members and Directors of ArbDB Chambers, comprising arbitrators, mediators and dispute board members, having offices in London, Dubai and here in the Kuala Lumpur Regional Centre for Arbitration. The evening will be rounded off by networking refreshments at the KLRCA.
Admission is free with limited seats available.
Register now at events@klrca.org or directly via this link.