Ventajas

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

speedThe parties obtain a solution to their conflict in a shorter period of time than a judicial process, avoiding unnecessary delays and the deterioration of existing relationships between the parties.

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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.

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3. SPECIALIZED

The arbitrators are professional specialists in the matter subject to arbitration. The Court guarantees transparency in the election of arbitrators.

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4. CONFIDENTIAL

The TAB will not give any kind of information or publicity about the matters transacted.

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5. ECONOMIC

It is a single instance procedure that ends with a final, firm and enforceable award.

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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.

Read about the steps to follow