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The president of the Gulf Coast Refining Corporation wants to know why his golfing partner, who is the chief financial officer of a large construction company, calculates his costs by the job, but his own corporation calculates costs by large units rather than by individual barrel of oil.
Arbitration
A method of resolving disputes outside of court, where an impartial third party (the arbitrator) makes a decision after hearing all sides.
Dispute Privacy
The contention or disagreement over the handling, sharing, or protection of personal data and information.
Mediation Confidential
A principle that ensures all discussions, negotiations, and documents produced during mediation cannot be disclosed or used in court.
ADR
Alternative Dispute Resolution, a range of procedures such as mediation and arbitration for resolving disputes without the need for litigation.
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