Alternative Dispute Resolution for Business

The Financial Express
April 11, 2011

Bangladesh moves toward institutionalizing ADR with the launching of the Bangladesh International Arbitration Centre (BIAC) at the initiative of International Chamber of Commerce. Adjudication of matters in Bangladeshi courts has proved slow-going, with some litigants not receiving a verdict in their lifetime.

As the “first ever mechanism to find settlement of business disputes through mediation and consultation between the litigants directly with the help of an arbitration body,” this new institution will help the over-burdened legal system and hopefully improve business activities.

Read Article—

ADR Times is a community exploring mediation, conflict resolution, diplomacy and peace - a library of news, insights and resources. We welcome contributions and collaborations from other like-minded and proactive dispute resolution practitioners and scholars.