More dispute boards in LatAm construction contracts, urge panellists

Panellists at Latin Lawyer - GAR Live 3rd Annual Arbitration Summit – held yesterday in Miami – called for the increased use of dispute boards in Latin American construction projects to stop them being put on hold.

More dispute boards in LatAm construction contracts, urge panellists Ana Maria Legendre, Carlos Concepcion, Marco Tulio Venegas, Katherine Gonzalez Arrocha and Carlos Ortega

Panellists speaking at the conference, which was held at Holland & Knight LLP’s Miami office, spoke strongly in favour of dispute boards, which are largely used in the construction industry. The boards are made up of individuals who are selected by the contracting parties. Their main advantage is that the members are appointed when the project starts and are involved throughout its development. These individuals' familiarity with the issues can speed up dispute resolution.  

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