Alternative dispute resolution includes various methods such as mediation or arbitration which are used to resolve disputes without the need to resort to litigation.
Mediation and arbitration are regarded by many as a positive alternative to traditional litigation, enabling disputes to be resolved in a more time-efficient manner and in a more informal, yet confidential environment. The enactment of the Arbitration Act in 1996 encouraged more people to opt for alternative dispute resolution and was aimed at introducing an increase in both domestic and international arbitration in Malta. The Act also set up the Malta Arbitration Centre which started operating in March of 2000. The centre was set up as an alternative method of dispute resolution.
Further local developments were seen when a number of important conventions regarding international commercial arbitration were incorporated into Maltese law. Detailed provisions regulating domestic arbitration were also introduced and these have further developed the sector. GMX enjoys a position of respect in this field and takes pride in representing leading local and international companies in successful alternative resolutions and out-of-court settlements.
Besides the legislative framework governing the field of arbitration in Malta, which framework contains a number of international conventions such as the UNCITRAL Model Law on International Commercial Arbitration (First Schedule to the Arbitration Act) and the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (Second Schedule to the Arbitration Act), there are a number of factors which make Malta an ideal venue for the conduct of arbitration cases, particularly its geographical location and the fact that once an award is registered with the Centre, it constitutes an executive title and can be enforced as a judgment.
We regularly assist clients from a wide range of sectors, be it for assisting with disputes through arbitration or for obtaining the recognition of a foreign arbitration awards in Malta.
Commercial litigation involves a wide variety of commercial disputes which can be brought before the courts of justice in Malta. At GMX we offer our clients legal advice on a variety of commercial-related areas which include:
If you need any help, please feel free to contact us. We will get back to you within 1 business day. If you’re in a hurry, call us now.
Call: +(356) 21247785
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