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Patent-Trademark-copyright Attorneys
Wednesday, 6 March 2013
International-Foreign Compnies Arbitration in India
We take either of the arbitration cases voluntary or mandatory and can be either binding or non-binding. Non-binding arbitration is, on the surface, similar to mediation. However, the principal distinction is that whereas a mediator will try to help the parties find a middle ground on which to compromise, the arbitrator remains totally removed from the settlement process and will only give a determination of liability and, if appropriate, an indication of the quantum of damages payable.
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