Presentacion hecha por Luis Vargas, informacion tomada de la pagina de la OMPI, del apartado de Arbitraje y expuesta en mi curso de Ingles de Negocios de la UQAM en el verano del 2010 en Montreal.

2. Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court.

10. Court litigation : Arbitration International: Multiple proceedings under different laws, with risk of conflicting results Possibility of actual or perceived home court advantage of party that litigates in its own country A single proceeding under the law determined by parties Arbitral procedure and nationality of arbitrator can be neutral to law, language and institutional culture of parties

11. Court litigation : Arbitration International: Decision maker might not have relevant expertise Parties can select arbitrator(s) with relevant expertise