Arbitration

Arbitration represents an alternative to state-administered justice. It is an adjudicative procedure that typically results in a decision having the same effect as a court judgment.

For a dispute to be submitted to one or more arbitrators, the parties must agree on this course of action. In most cases, such agreement is reached before the dispute arises, at the time a contract is negotiated. Nothing prevents, however, the parties from opting for arbitration once a dispute has already emerged, often in view of a procedure that is generally more expeditious, offers greater guarantees of confidentiality, and allows a certain degree of flexibility in the selection of the individual or individuals entrusted with deciding the case.

The Firm has been involved in arbitration proceedings for many years. Avv. Prandi has acted as sole arbitrator, chair, or member of arbitral tribunals in several proceedings, drafting or contributing to the drafting of awards primarily in the corporate and commercial fields. He is currently listed with a number of arbitration chambers (including those of Ancona, Arezzo, and Pescara) and may accept appointments both in administered proceedings and in ad hoc arbitrations.