Litigation and Arbitration enable the resolution of controversies and disputes before having to go before a Spanish court or initiating a proceeding before national or international arbitration courts. These preventive proceedings and the pre-dispute strategies enable you to prevent future liabilities. Other alternative conflict resolution methods are mediation and conciliation.

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The advantages of arbitration versus judicial procedure

Arbitration, as an alternative to judicial procedures for conflict resolution, has certain characteristics that make it highly recommended. Its advantages are, on the one hand, the quickness of the procedure, and on the other, the freedom that it offers in choosing the way in which procedures are conducted, such as the language, the place or the regulations applicable to them.

Out-of-Court Settlement & Modification to the Bankruptcy Act

An out-of-court settlement is a legal arrangement between parties outside of court and without a trial. Some of its benefits are the reduction in expenses and stress, its greater privacy, its predictability, finality and flexibility. In Spain, the modification to the Bankruptcy Act has introduced out-of-court settlement as an alternative to contestations and formal refinancing agreements.