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The Use of Arbitration Mechanisms to Resolve Business Disputes Outside the Formal Justice System

Dede, Hendratno Djuanda and Suwandi, Hartono and Miftah, Aziz and Harmono, Harmono and Dadan, Taufik Fathurohman (2025) The Use of Arbitration Mechanisms to Resolve Business Disputes Outside the Formal Justice System. The Use of Arbitration Mechanisms to Resolve Business Disputes Outside the Formal Justice System, 4 (6): 6. pp. 601-610. ISSN 29860768

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Abstract

This study evaluates the effectiveness of arbitration in resolving business disputes compared to formal judicial channels, and analyzes the legal force of arbitral awards. In the competitive business world, conflicts often occur, and resolution through the courts is considered less efficient because it is time-consuming, high cost, and open to the public. Arbitration as a form of Alternative Dispute Resolution (ADR) offers a fast, flexible, closed process, and a binding award. In Indonesia, this mechanism is regulated in Law No. 30 of 1999 and is implemented by institutions such as BANI and Basyarnas. A normative juridical research method was used. Challenges still exist, such as lack of understanding and execution of court-dependent decisions.

Keywords: Arbitration, Business Dispute, Settlement

Item Type: Article
Subjects: K Law > K Law (General)
Divisions: Fakultas Hukum
Depositing User: Unnamed user with username fh
Date Deposited: 29 Sep 2025 06:29
Last Modified: 01 Oct 2025 04:14
URI: https://eprints.ugj.ac.id/id/eprint/2689

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