Do you operate in the construction sector and need a Construction and Contractual Law expert in your corner? Allardyce & Partners Attorneys is your first choice when you seek legal representation when facing a legal dispute, entering an arbitration, or need assistance with accommodating legal matters in your organisation. In most cases, legal disputes in this arena arise between contractors and project managers/clients, based on contractual obligations regarding financial compensation towards the contractor. Today, we will cover the basics of international arbitration within the construction sector.
Why Choose Arbitration?
Arbitration is an alternative method of legal dispute resolution between 2 parties and serves as the dispute mechanism of choice within the construction sector. In the case of international arbitration, it becomes especially attractive, as the award that is granted, represents – in theory – a speedy payment for the claimant. When parties agree to international arbitration, they also agree that the award is final – waiving their right to review the award in an attempt to stall or delay due payment for the claimant. However, in practice, events might not pan out this way, as recent international arbitration hearings have shown.
Put Your Trust in Arbitration Specialists
As a contractor or sub-contractor in the construction sector, you are aware of the struggles to ensure that project managers and clients keep to the contractual stipulations, especially regarding on-time payments to ensure that you have enough resources to get the job done. If you find yourself in a legal dispute, Allardyce & Partners Attorneys is your solution in South Africa. We can legally represent your case on a “no win, no fee” contingency, that is tied to our terms and conditions, to ease your mind and not let you face expensive legal fees if you lose your case.
Choose Allardyce & Partners Attorneys today when you need legal experts in the arena of Construction and Contractual Law in South Africa. Please contact us on 011 234 2125 or email us at enquiries@allardyce.co.za today if you have any enquiries on how we can assist you!