Arbitration is an alternative dispute resolution mechanism to which the parties may submit, by mutual agreement, existing or future disputes susceptible of settlement to be resolved by administered arbitration tribunals or independent arbitrators.
Mediation is a dispute resolution procedure whereby the parties, assisted by a neutral third party called a mediator, seek a voluntary agreement, which deals with a matter that is negotiable, extrajudicial and definitive, that puts an end to the conflict.
Telephone: (04)5000950 ext. 1214
Guayaquil - Samborondón
Any dispute regarding the execution, interpretation, breach, nullity or any other claim relating to this instrument shall be resolved in mediation before the Arbitration and Mediation Center of the Universidad Particular de Especialidades Espíritu Santo - UEES. In the absence of total agreement in mediation, the pending controversy shall be resolved in law by an Arbitral Tribunal of the Arbitration and Mediation Center of the Universidad Particular de Especialidades Espíritu Santo - UEES and in accordance with its rules, for which the arbitrators may dictate and execute precautionary measures, without the need to resort to ordinary justice, or, even the parties may resort to an emergency arbitrator of the same Center for its obtaining and execution before the constitution of the arbitral tribunal. Both mediation and arbitration shall be conducted in Spanish and in accordance with the laws in force in the Republic of Ecuador.
