The Importance of Arbitration to the Resources Sector
- 830 Downloads
In the resources sector, arbitration has retained its position as a permanent feature of dispute resolution. Disputes in the resources sector involve various types of agreements, technical subject matters, and are often trans-national in nature—all of which are features that make arbitration an attractive dispute resolution method. To set the context for addressing the benefits provided by arbitration to the resources sector, this chapter will examine these features in detail and outline the arbitration framework in Australia. The chapter also discusses features of the arbitration process itself that make it well suited to the resolution of disputes in the resources sector.