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Expert determination and arbitration

By: Series: Arbitration ; 67(1) February 2001, 17-29(13)Publication details: 2001Subject(s): Summary: Examines the use of expert determination as an alternative form of dispute resolution to arbitration. Looks at the manner and extent of its use. Compares expert determination and arbitration, and presents reasons why each is used. Includes a useful summary of procedural/substantive differences. Concludes that it is impossible to find a practical reason for choosing expert determination over arbitration. Despite its illusory advantages of speed, reduced cost and informal procedure, warns that in choosing expert determination parties are forsaking an internationally enforceable award, and an established system of domestic and international laws.
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Journal article London Journal article ABS63680 (Browse shelf(Opens below)) 1 Available 111513-1001

Examines the use of expert determination as an alternative form of dispute resolution to arbitration. Looks at the manner and extent of its use. Compares expert determination and arbitration, and presents reasons why each is used. Includes a useful summary of procedural/substantive differences. Concludes that it is impossible to find a practical reason for choosing expert determination over arbitration. Despite its illusory advantages of speed, reduced cost and informal procedure, warns that in choosing expert determination parties are forsaking an internationally enforceable award, and an established system of domestic and international laws.