Arbitration through the Barcelona Arbitration Court (namely “Tribunal Arbitral de Barcelona” - TAB) offers multiple advantages. Find out what they are and get more information about each of the detailed aspects, by clicking on the desired button.
MAIN ADVANTAGES OF ARBITRATION
1. SPEED AND AVAILABLE
2. FLEXIBLE AND IMMEDIATE
The arbitration procedure is characterized by its flexibility and anti-formalism. The parties agree on the procedure and the deadlines in which the proceedings are carried out. The principle of autonomy of the will of the parties prevails.
The arbitrators are professional specialists in the matter subject to arbitration. The Court guarantees transparency in the election of arbitrators.
The TAB will not give any kind of information or publicity about the matters transacted.
6. EFFICIENT AND EFFECTIVE
The vast majority of the awards handed down in the TAB arbitrations is met by the parties on a voluntary basis, without the need for judicial execution.