What Are the Benefits of Arbitration in Catalysis?
Arbitration offers several advantages, including:
Confidentiality: The private nature of arbitration ensures that sensitive information remains confidential. Expertise: Arbitrators with expertise in catalysis can provide a more informed and relevant decision. Efficiency: Arbitration is generally faster than court proceedings, allowing for quicker resolution. Cost-Effectiveness: It is often less expensive than litigation due to reduced legal fees and shorter duration. Flexibility: Parties have more control over the arbitration process, including the selection of the arbitrator and the rules to be followed.
