ADR

 

 

 

ADR

 

Shipping terms glossary

 

Definition of ADR

 

Alternative Dispute Resolution - a relatively new innovation whose use has increased in the last decade in response to a general rise in litigation in many jurisdictions and the thereby escalating cost associated therewith, as well as the increased dissatisfaction with the legal process itself. The ADR is a tool designed as a supplement to a given judicial system to provide parties of otherwise good and long term working relationship with a cheaper and in most cases less adversial alternative to lengthy court hearings and arbitrations.

 

Source : http://210.212.115.113:81/Anupam%20Varma/Shipping%20terms%20glossary.docx

link: http://210.212.115.113:81/

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Terminology about shipping

Shipping glossary index of terms

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Definition and meaning of ADR

 

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Meaning of ADR

 

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What does ADR mean ?

 

 

 

 

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