Today’s volatile macroeconomic environment is fertile ground for business disputes, with the depth of this uncertainty generating multiple dispute scenarios. Whatever the nature of a dispute –be it commercial or contractually orientated– it has the capacity to cause significant disruption for disputing parties, with cost, time and reputational consequences depending on the severity. Resolving a dispute as quickly, amicably and equitably as possible is therefore of paramount importance, and generally in the interest of all disputing parties.

“In Spain, several challenges affect the efficiency and effectiveness of resolving commercial disputes. One of the primary concerns regarding the Spanish judicial system is the length of time it takes to resolve disputes. The excessive duration of judicial proceedings can be attributed to various factors, including procedural inefficiencies and a high volume of cases relative to the number of judges and courts available. That said, and despite there being room for improvement, the duration of Spanish proceedings is shorter than that of other European Union (EU) jurisdictions”.

See complete chapter at: Indepth Features: Litigation & Dispute Resolution 2024. Financier Worldwide, August 2024.