Document background
The Dispute Resolution Agreement serves as a crucial legal framework for parties seeking to establish clear, efficient, and legally compliant mechanisms for resolving potential disputes under Belgian law. It is particularly relevant in commercial relationships where parties wish to avoid costly and time-consuming court litigation. The document incorporates various dispute resolution methods, from informal negotiation to formal arbitration, and ensures compliance with Belgian civil law, the Judicial Code, and relevant EU directives. This agreement is typically used when parties enter into significant business relationships, joint ventures, or long-term contracts where having a predetermined dispute resolution mechanism is essential for risk management and business continuity. The jurisdiction of Belgium provides a well-established legal framework for alternative dispute resolution, supported by both domestic legislation and international conventions.
