{"id":18058,"date":"2025-05-06T21:20:39","date_gmt":"2025-05-06T21:20:39","guid":{"rendered":"https:\/\/mca.optimizeddevelopment.net\/arbitraje-en-panama\/"},"modified":"2025-07-11T18:32:40","modified_gmt":"2025-07-11T18:32:40","slug":"arbitration-in-panama","status":"publish","type":"page","link":"https:\/\/mca.optimizeddevelopment.net\/en\/arbitration-in-panama\/","title":{"rendered":"Arbitration in Panama"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"18058\" class=\"elementor elementor-18058 elementor-17498\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-82a41cb e-flex e-con-boxed e-con e-parent\" data-id=\"82a41cb\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-30c3936 elementor-widget elementor-widget-heading\" data-id=\"30c3936\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">PRACTICE AREA<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb31c87 elementor-widget elementor-widget-heading\" data-id=\"bb31c87\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Arbitration<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1195738 e-con-full e-flex e-con e-parent\" data-id=\"1195738\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cd52e77 elementor-widget elementor-widget-template\" data-id=\"cd52e77\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"18448\" class=\"elementor elementor-18448 elementor-18416\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-92eaad3 e-flex e-con-boxed e-con e-parent\" data-id=\"92eaad3\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-75a1cf9 elementor-widget elementor-widget-heading\" data-id=\"75a1cf9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How can we help you?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8248208 elementor-widget elementor-widget-text-editor\" data-id=\"8248208\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Our team is here to serve you with integrity and professionalism. Leave us a message and we will contact you as soon as possible.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8f4960b e-flex e-con-boxed e-con e-parent\" data-id=\"8f4960b\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-234f603 e-con-full e-flex e-con e-child\" data-id=\"234f603\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b11a494 elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"b11a494\" data-element_type=\"widget\" data-settings=\"{&quot;button_width&quot;:&quot;20&quot;,&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Form-Practices\" aria-label=\"Form-Practices\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"18448\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"b11a494\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"Litigation in Panama | M\u00f3nica Castillo Arjona - Despacho Jur\u00eddico\" \/>\n\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"queried_id\" value=\"18031\"\/>\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-name elementor-col-20\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-name\" class=\"elementor-field-label elementor-screen-only\">\n\t\t\t\t\t\t\t\tFirst and Last Name\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[name]\" id=\"form-field-name\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Name\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-20 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-email\" class=\"elementor-field-label elementor-screen-only\">\n\t\t\t\t\t\t\t\tEmail\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Email\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-text elementor-field-group elementor-column elementor-field-group-field_8aac133 elementor-col-40\">\n\t\t\t\t\t\t\t\t\t\t\t\t<label for=\"form-field-field_8aac133\" class=\"elementor-field-label elementor-screen-only\">\n\t\t\t\t\t\t\t\tMessage\t\t\t\t\t\t\t<\/label>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"text\" name=\"form_fields[field_8aac133]\" id=\"form-field-field_8aac133\" class=\"elementor-field elementor-size-sm  elementor-field-textual\" placeholder=\"Message\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-20 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-sm\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Send<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-10c1a8b e-flex e-con-boxed e-con e-parent\" data-id=\"10c1a8b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1cacdb5 e-con-full e-flex e-con e-child\" data-id=\"1cacdb5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ba314d2 elementor-widget elementor-widget-text-editor\" data-id=\"ba314d2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAlternative dispute resolution methods provide efficient and expedited alternatives to traditional judicial processes. These methods -negotiation, conciliation, mediation, and arbitration in Panama- are crucial within the country\u2019s legal system.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1de53b elementor-widget elementor-widget-heading\" data-id=\"f1de53b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is arbitration?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6642ea9 elementor-widget elementor-widget-text-editor\" data-id=\"6642ea9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Arbitration in Panam\u00e1 is determined by Law 131 of December 31, 2013, numeral 1, article 5, as \u201cA dispute resolution method in which any person with the legal capacity to bind themselves submits disputes that have arisen or may arise with another person, to the judgment of one or more arbitrators. The arbitrators make a final decision using an award with the effect of res judicata, complying with the provisions of this Law. In addition, arbitration means any arbitration, whether or not it is administered by a permanent arbitral institution, following Article 12.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-43e4b3e e-con-full e-flex e-con e-child\" data-id=\"43e4b3e\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-53b78b7 elementor-widget elementor-widget-heading\" data-id=\"53b78b7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Services we offer<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ffa3755 elementor-widget elementor-widget-text-editor\" data-id=\"ffa3755\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"list-style-type: none;\"><ul><li>Mediation and Conciliation.<\/li><li>Arbitrator and party representative.<\/li><li>Expert in Public Procurement.<\/li><li>Mutual Agreements Negotiation.<\/li><\/ul><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-751c94b e-flex e-con-boxed e-con e-parent\" data-id=\"751c94b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-80b362e elementor-widget elementor-widget-text-editor\" data-id=\"80b362e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In essence, the arbitrator is an impartial third party who issues a conclusive decision mandatory to the parties involved in a dispute. It is recognized as an alternative method because it is a more efficient approach to court litigation and offers other advantages such as saving time, money, and even the confidential treatment of conflicting.<\/p><p>However, there are limits to traditional arbitration. These restrictions are the possible presence of bias during the arbitrator\u2019s selection process and the financial implications caused by hiring expert arbitrators, among others. Despite these disadvantages, the scalability and flexibility make it a superior solution for many cases.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5bd1c7d e-flex e-con-boxed e-con e-parent\" data-id=\"5bd1c7d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-6470fa9 e-con-full e-flex e-con e-child\" data-id=\"6470fa9\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-caa25fe elementor-widget elementor-widget-heading\" data-id=\"caa25fe\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Alternative dispute resolution methods\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8babf8e elementor-widget elementor-widget-text-editor\" data-id=\"8babf8e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Panama promotes alternative dispute resolution methods such as negotiation, conciliation, mediation, and arbitration. It also promotes alternative methods in matters related to labor disputes and those arising from public contracts, insurance, reinsurance, and consumer protection, among other matters.<\/p><p>Arbitration is advantageous because it is easier to substantiate and is usually more expeditious than a court case.<\/p><p>On the other hand, the parties may agree on the procedure for selecting the arbitrator or arbitrators.<\/p><p>In addition, it is often more informal and less aggressive, making it easier for the parties involved to discuss their respective positions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1c0a715 e-con-full e-flex e-con e-child\" data-id=\"1c0a715\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c264d06 elementor-widget elementor-widget-image\" data-id=\"c264d06\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje_1.webp\" class=\"attachment-large size-large wp-image-17501\" alt=\"\" srcset=\"https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje_1.webp 800w, https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje_1-300x200.webp 300w, https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje_1-768x512.webp 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8fe70dc e-flex e-con-boxed e-con e-parent\" data-id=\"8fe70dc\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2fdc2a1 elementor-widget elementor-widget-heading\" data-id=\"2fdc2a1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is the difference between arbitration, mediation, and conciliation?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-809dcb1 elementor-widget elementor-widget-text-editor\" data-id=\"809dcb1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Although mediation and conciliation are synonymous with arbitration, they are different methods.<\/p><p>Panama approved on July 8, 1999, the first law specialized in arbitration, conciliation, and mediation. This Decree-Law No. 5 articles 44 and 45 states that the parties in conflict may voluntarily resort to an extrajudicial conciliation method, defined as\u00a0<em>\u201ca method of peaceful conflict resolution, through which the parties manage the solution of their conflicts with the intervention of an impartial facilitator, called conciliator.<\/em>\u201d<\/p><p>On the other hand, Decree-Law No. 5 article 52 defines mediation as \u201can alternative method for resolving conflicts in a non-adversarial manner, whose purpose is to seek and facilitate communication between the parties through the intervention of a third appropriate party, called mediator, to reach an agreement between the parties that definitively solve the conflict or controversy.\u201d<\/p><div class=\"elementor-element elementor-element-1cb0010 elementor-widget elementor-widget-text-editor\" data-id=\"1cb0010\" data-element_type=\"widget\" data-settings=\"{&quot;ashton_ext_link_sidemenu&quot;:&quot;false&quot;,&quot;ashton_ext_link_fullmenu&quot;:&quot;false&quot;,&quot;ashton_ext_is_sticky&quot;:&quot;false&quot;,&quot;ashton_ext_is_scrollme&quot;:&quot;false&quot;,&quot;ashton_ext_is_smoove&quot;:&quot;false&quot;,&quot;ashton_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;ashton_ext_is_infinite&quot;:&quot;false&quot;,&quot;ashton_ext_is_fadeout_animation&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><p>The three methods of conflict resolution seek to facilitate the reaching of agreements and use a neutral third party (arbitrator, mediator, or conciliator). However, they have different implications.<\/p><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-eed2034 e-flex e-con-boxed e-con e-parent\" data-id=\"eed2034\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-0ee325e e-con-full e-flex e-con e-child\" data-id=\"0ee325e\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d1a4cce elementor-widget elementor-widget-image\" data-id=\"d1a4cce\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"493\" src=\"https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje-1.webp\" class=\"attachment-large size-large wp-image-17503\" alt=\"\" srcset=\"https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje-1.webp 800w, https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje-1-300x185.webp 300w, https:\/\/mca.optimizeddevelopment.net\/wp-content\/uploads\/2025\/05\/arbitraje-1-768x473.webp 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5d51502 e-con-full e-flex e-con e-child\" data-id=\"5d51502\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7f23d67 elementor-widget elementor-widget-heading\" data-id=\"7f23d67\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Select the legal advisor you need<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46dcf54 elementor-widget elementor-widget-text-editor\" data-id=\"46dcf54\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Regardless of the alternative dispute resolution method, the parties choose to explore, the legal counsel must ensure that the interests of all parties are adequately protected given the characteristics of the dispute, the dynamics between the parties, and the complexity and importance of the matter under consideration.<\/p><p>At Monica Castillo \u2013 Despacho de Abogados,\u00a0<a href=\"https:\/\/www.monicacastillo.legal\/en\/about-us\/\" target=\"_blank\" rel=\"noopener\">we have the experience<\/a>\u00a0necessary to effectively navigate complex legal processes, present evidence, make arguments, and understand the implications of arbitration in Panama to accelerate dispute resolution and reduce costs through establishing transparent communication and understanding of the parties\u2019 interests.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>PRACTICE AREA Arbitration Alternative dispute resolution methods provide efficient and expedited alternatives to traditional judicial processes. These methods -negotiation, conciliation, mediation, and arbitration in Panama- are crucial within the country\u2019s legal system. What is arbitration? Arbitration in Panam\u00e1 is determined by Law 131 of December 31, 2013, numeral 1, article 5, as \u201cA dispute resolution 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