GLADYS MARTINA FIGUERA URBANEJA - 8977XXX

Comprehensive Background check of Gladys Martina Figuera Urbaneja - 8977XXX

Nationality Venezuelan
National citizen document 8977XXX
Voter Precinct 18570
Report Available

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How are arbitration clauses addressed in sales contracts in Colombia?

Arbitration clauses specify the alternative method of resolving disputes instead of resorting to judicial courts. In Colombia, these clauses must comply with local arbitration laws. It is crucial to clearly define arbitration procedures, including the selection of arbitrators, the location and language of arbitration. In addition, the conditions under which arbitration will be mandatory and binding must be established. Including arbitration clauses in sales contracts provides an efficient and alternative method of resolving disputes, avoiding protracted litigation.

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