ADR Post Crises
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During crises, most contracts suffer abilities to perform, where instigates Technical and legal leaders to learn from, by how preventive clauses could be improved to mitigate the financial and time impacts, this book sums preventive measures on Alternative Dispute Resolution (ADR) Risks Clauses giving a wide range of comparative methods and approach among world current ADR institutions and systems in place to conclude the optimum ADR Resolution reducing time and costs of the disputes by Dispute Adjudication Avoidance Board DAAB when appointed from day one of the contract " as binding clause co...
During crises, most contracts suffer abilities to perform, where instigates Technical and legal leaders to learn from, by how preventive clauses could be improved to mitigate the financial and time impacts, this book sums preventive measures on Alternative Dispute Resolution (ADR) Risks Clauses giving a wide range of comparative methods and approach among world current ADR institutions and systems in place to conclude the optimum ADR Resolution reducing time and costs of the disputes by Dispute Adjudication Avoidance Board DAAB when appointed from day one of the contract " as binding clause covering 90% of contract values and risks eliminating disputes until contract performance. Furthermore, post-contract handing over most risks of obtaining final retention normally 5-10% remain a risk that to be eliminated by having 7 days Mediation followed to remaining unresolved amount to be resolved by Emergency Arbitration within 15 days. Furthermore, the best use of binding Negotiation, Adjudication, Mediation, and Emergency Arbitration, benefits the business relations aiming for reconciliation and resolution mega cross-border developments on One belt One Road Initiative across over70 countries, cultures, and various legal framework. While this book focuses on the complex models of contracts in construction and energy, the author proved that the model clause could expand further to cover almost every aspect of the business from IT, IP, Maritime to Aviation, giving cross-border efficient binding and clear clauses to replace potential cross boarders disputes into reviving opportunities when planning to acknowledge and allocate Risks facing realities in advance since "Lost time is never found again". A final note mitigating time of resolving potential disputes to 60 days was realized in this book, while the increased use of Artificial Intelligence and Online tools would shorten ADR time possibly into few days or even hours when transparency and knowledge share is broadened across borders!
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