In Part 1 of our series on dispute resolution in Abu Dhabi, we considered mediation as an alternative means of dispute resolutions. In Part 2, we explored the advantages and disadvantages of litigation in the Abu Dhabi courts.

In Part 3 of our series on dispute resolution, we examine another commonly used form of dispute resolution in Abu Dhabi: commercial arbitration. The purpose of this article is to give an overview of what arbitration is, describe the different types of arbitration, and discuss arbitration proceedings administered by the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC).

What is arbitration?

Generally speaking, arbitration is a form of private dispute resolution where the parties agree to resolve their dispute before a Tribunal comprising either a sole arbitrator, or multiple arbitrators (most often three arbitrators). The Tribunal's decision-known as an Award-is usually final and binding on the parties.