Derecho - Palmira

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La eficacia del arbitraje en Colombia y sus lecciones al sistema judicial colombiano
(Universidad santiago de cali, 2024) Hurtado Núñez Aris Fernando; Escobar, Carlos Andrés
The arbitration mechanism is an alternative to the resolution of conflicts, due to the fact that the contracting parties previously agreed on an exclusive competence, now, with the enactment of Law 1563 of 2012, new developments were evidenced among which are the speed of the resolution of disputes and the selection of arbitrators, which is a big difference compared to the system of service delivery of justice due to the high delays in the resolution of processes, Hence, this essay will address the virtues of the alternative dispute resolution mechanism such as arbitration, and at the same time it will delve into identifying the progress and impact that arbitration brings to the Colombian judicial system, in that sense, it will identify arbitration not only has private rank but also has its foundation mainly in the 1991 constitution, this will be done through the analysis of law reviews that deal with the arbitration mechanism in Colombia.