Newschevron_rightIn the Picture - Arbitration: final destination or siβ¦
In the Picture - Arbitration: final destination or simple stopover?
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One of your business partners claims that your company is abusing its dominant position and threatens to go to court to stop that abuse and claim damages. An amicable solution proves impossible to reach.
To avoid a protracted legal battle before the courts, you propose that the dispute be settled through arbitration. The other party agrees, the arbitration proceedings run smoothly and the outcome is positive: the arbitrators reject the alleged abuse of a dominant position.
You are relieved until you receive a message from your solicitor a few weeks later. Apparently, the other party does not accept the ruling and is still going to court. You frown. Is this possible? Wasn't arbitration final?
πππ§π ππ¨ π€π§π¨π° π¦π¨π«π? Read our latest #inthepicture βArbitration: final destination or simple stopover? β here, or contact our dispute resolution counsel Benjamin Magnus or associate Marie-Julie Kormoss.
#disputeresolution #arbitration #competitionlaw #sportslaw #CourtOfJusticeEU #CASArbitration #FIFARegulation
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