EXPERTISE
Financial
Arbitration
When it comes to dispute resolution, the courts are the traditional forum. Arbitration is an alternative to this; it allows the parties to agree to submit their disputes to be resolved privately by an independent third-party tribunal instead. The main benefit of this is its flexibility.
Arbitration is agreed in a separate contractual clause so the parties are free to determine the language, location, criteria for selection of the tribunal, the rules that are to apply to the process.
Two key factors that distinguish arbitration from litigation are that parties may and usually do agree to keep proceedings confidential and that there is no or very limited right to appeal against the decision of the arbitration tribunal.
Uniquely Qualified Neutrals
Cost-Effective Resolution
CESCON has delivered cost-effective financial services dispute resolution in Panama to a broad range of clients for more than 20 years.
CESCON mediators and arbitrators are chosen for their proven ability to resolve difficult disputes quickly, providing significant savings of time and expense for all parties.
Mediación
Mediation offers a flexible alternative to arbitration, and can be initiated at any time before arbitration commences and even during an arbitration case before it concludes. It is an informal process in which a trained, impartial mediator facilitates negotiations between disputing parties, helping them find a mutually acceptable solution. Both parties in a dispute must agree to mediation.
CESCON mediators have subject-matter expertise, so parties can select a mediator who is knowledgeable in the particular securities or business area that is in dispute.
