Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Mediation as an Alternative Procedure for Resolving Commercial Disputes in the Countries of the Modern World

Author(s): Nikolai Mayurov, Dmitry Makarov, Pavel Mayurov, Yuri Rychkov

The article examines the issue of international experience in the use of mediation as an alternative procedure for resolving commercial disputes in the countries of the modern world. Existing models of legal regulation of the mediation procedure for the legislation of foreign countries were considered. Characteristic features of mediation as an alternative to the resolution of commercial disputes were identified. The advantages and disadvantages of mediation, which hinder the process of introducing alternative ways of resolving disputes in the commercial sphere into practical activities in many countries, were revealed. The necessity of providing professional training of mediators, as well as the active participation of judges in the implementation of the mediation procedure to resolve commercial disputes has been proved.