1. Arbitration as an Alternative Settlement of Dispute
... be a disadvantage for a company if people know that it has been involved in a dispute. Next, the arbitration procedure is very fast and the arbitration cost is not as expensive as court, because the parties do not have to go through difficult procedures. Unlike in court that allows the parties to go through some stages if they were not satisfied with ... Awards. Pursuant to the Presidential Decree, the Supreme Court has also promulgated Regulation No.1 of 1990 Concerning the Procedure for Enforcement of Foreign Arbitral Awards. Since the use of arbitration as a method of resolving disput...
- Word Count: 619
- Approx Pages: 2
- Grade Level: Undergraduate