What is the process for resolving international commercial disputes?

When an international commercial dispute arises between two parties, there are a variety of methods available for resolving it. In California, these include arbitration, mediation, and litigation. Arbitration is an out-of-court dispute resolution process in which a neutral third-party arbitrator hears evidence and arguments from both parties and makes a decision on the dispute. The decision made by the arbitrator is usually binding upon both parties, meaning they are required to comply with it. Mediation is a less formal method of dispute resolution in which a neutral third-party mediator helps the two parties to come to an agreement through discussions and negotiations. The mediator has no decision-making power and instead assists the parties in coming to an agreement that is acceptable to both sides. Litigation is the formal process of having a dispute heard in court. Each party is allowed to make their case before the judge and the court will decide how to resolve the dispute. Whichever method of dispute resolution is chosen, the process for resolving international commercial disputes in California is an important part of international business law and must be followed in order to ensure a fair and swift resolution to the dispute.

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What is the process for resolving international commercial disputes?

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