A Way To Efficiently Resolve International Patent Disputes
Law360, New York (February 8, 2016, 10:41 AM EST) -- International arbitration has become the principal mechanism for resolving disputes in almost every area of commerce, due in large part to the perceived advantages the process offers the litigants in terms of efficiency, flexibility and fairness. The use of arbitration in international patent disputes has historically lagged behind. That trend is reversing itself. With the ever-increasing global nature of patent portfolios and patent licenses, international arbitration of patent disputes has become more prevalent.
Arbitration is the result of a private contract between parties expressly agreeing to resolve disputes via arbitration. Such an agreement can be made during negotiations of a transaction,...
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