The Egyptian judicial system has traditionally been considered the primary and sometimes exclusive forum for settling legal disputes in Egypt. However, the country’s judicial system has become increasingly overburdened and is known to be procedurally complex over the past few decades, making it unable to keep up with the rapid pace of modern business transactions. In addition, judges may not have relevant expertise on disputed matters, particularly in relation to commercial transaction disputes, or time to conduct an in-depth review of any material dispute. Therefore, the development of arbitration as an alternative dispute resolution mechanism is prominent for the stability of a business, especially when the dispute requires in-depth study and international experience, so cooperation with Egyptian lawyers for international arbitration has become essential to ensure the implementation of procedures and dispute resolution within a fair legal framework, and therefore, the continued successful growth of your business or investment.
What is the international arbitration?
International arbitration is a method of dispute resolution where the parties agree to resolve their disputes before private arbitrators instead of a national court. For most cross-border transactions, international arbitration is generally recognized as the preferred dispute resolution mechanism because it creates a neutral forum, awards are usually easier to enforce than court judgments, and parties can choose who decides their dispute.
People often turn to arbitration for issues like contracts, job-related disputes, and customer concerns. It also helps in matters like family law and building projects.
Historically, people have used arbitration for a long time. However, its modern form started taking shape in the 19th century. Many countries began setting laws around it. For instance, Egypt was one of the first countries in the region to introduce an arbitration law. It enacted the Arbitration Act No. 27/1994 (the Arbitration Act) based on the UNCITRAL Model Law on International Commercial Arbitration (1985).
The role of Egyptian lawyers for international arbitration for resolving international commercial disputes
International commercial arbitration is a form of contribution to the settlement of disputes related to the international trade sector, while avoiding losses for both parties, and maintaining their commercial and professional relationship. Commercial dispute arbitration services in Egypt are an alternative method of dispute resolution, away from traditional court litigation. Therefore, hiring Egyptian lawyers for international arbitration is essential for investors and companies that contract with international business entities.
Here are the most important tasks performed by Egyptian lawyers for international arbitration at “Consortio Law Firm” as follows:
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Amicable negotiation
During arbitration, an agreement can be reached between them and a non-disclosure agreement can be concluded to reach a compromise between them, and in this case the lawyer tries with all his experience in negotiating to study the cause of the problem and reach a smart way to solve it permanently and get rid of it, for the continuation of the commercial contract between them. We can also consider that the profession of international arbitration lawyer helps the growth of the international economy and trade of two different countries.
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Enforcement of international arbitration proceedings
The best Egyptian lawyers for international arbitration carry out the necessary procedures for the arbitration process, including:
– Send the request for international arbitration to the institution of the trial.
– Supporting the client in choosing the appropriate arbitral tribunal that will not be biased towards one of the parties to the international arbitration, but must achieve fair law.
– Diligent search for evidence and proofs that prove the eligibility of the principal.
– Verify the validity of the evidence submitted by the other arbitration party.
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Application of International Arbitration Law
The lawyer is fully aware of the necessity of applying the international arbitration law during oral sessions with witnesses, as he must be armed with deep knowledge of the law to not be deceived by the manipulations of other lawyers, by exploiting them for the weak knowledge of the other party in the law, and the distinguished international arbitration lawyer is not satisfied with possessing comprehensive knowledge, but he applies it in a legitimate way for the success of the case.
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Execution of the sentence
After the expiry of the arbitration period and the arbitrators issue the decision, the party to the power of attorney has lost the problem of the other party’s failure to implement the judgment issued against him, so the international arbitration lawyer helps oblige them to comply with the arbitration order, and the lawyer may reach two paths:
– First: the continuation of the contract between you and the party to the dispute according to new conditions.
– Second: Work to terminate the contract in a legal manner, with the return of all property to its owners, and in the event that his client needs compensation, a good lawyer seeks to oblige the other party to provide full compensation within a specific time frame.
If you are facing problems that hinder the continuation of your contract with companies or individuals from outside the Egypt, or you face difficulty in dealing with another commercial institution, contact our best Egyptian lawyers for international arbitration at “Consortio Law Firm”, to obtain arbitration services for commercial disputes in the Egypt we provide.
Just call us now through the phone number 002 01028806061 or email us via WhatsApp or email Info@consortiolawfirm.com.
