Audio By Carbonatix
The Lead Consultant for Robert Smith Law Group, Bobby Banson, says choosing to settle a matter using an arbitration process allows for more privacy and confidentiality unlike court proceedings.
Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute.
According to Mr. Banson, this approach not only settles disputes but also protects the interests of both parties, as not many individuals will have knowledge about the issue.
Speaking on Joy News' "The Law" on April 14, regarding the advantages of arbitration, he explained that all parties involved in this process are guaranteed privacy, unlike the court process where anyone can file a Right To Information (RTI) request to be informed about a legal matter.
“With court, your matter is out there, any person can walk to the courtroom to listen to your case but with the arbitration, you decide who sits in the course of proceedings and so even the award is not published except with the consent of the parties.
“So if I start arbitration with Samson, nobody else will know that I have an arbitration with Samson but if I have a court case with Samson anybody can go to the registry and do a search; is there a case involving Samson Lardy Anyenini? Can I get copies of all the processes that is filed? RTI bill will entitle the person to get it but with arbitration, no,” he said.
Additionally, he added that even after the final judgement, individuals would not have to bother about the verdict making it to the public domain, as no unauthorized publication can be made without the consent of the parties.
“You cannot publish anything relating to the arbitration, not even the final award unless with the consent of all the parties,” he added.
The consultant stressed that due to the nature of arbitration, many multilateral corporations prefer to resolve their disagreements using that route.
Latest Stories
-
Mustapha Hamid trial to continue during legal vacation despite defence plea
4 minutes -
NAIMOS launches major operation to clear illegal mining along Birim River
6 minutes -
Trump says it would be ‘terrible mistake’ to remove Infantino
7 minutes -
Ghana has not moved beyond macroeconomic stability since 1992 – Prof Godfred Bokpin
11 minutes -
‘Support Kotoko Board or their wives may advise them to quit’ – Sarfo Duku
11 minutes -
Housing affordability, not supply is Ghana’s biggest challenge – Managing Director of Republic Bank
14 minutes -
Chief Justice speaks on legal vacation; says it doesn’t stop judges from hearing cases
28 minutes -
Land buyers must conduct due diligence before purchase — Raphael Hokey
47 minutes -
Ghana, Burkina Faso sign Defence Cooperation to secure cross-border trade routes
57 minutes -
Legal vacation: Lawyers cannot decide when court cases proceed – Deputy AG
57 minutes -
Daily Insight for CEOs: Leading with data and Artificial Intelligence
1 hour -
Police arrest four, intercept 118 bags of cocoa destined for Togo
1 hour -
FC Basel donate football kits to clubs, schools in Upper West Region
1 hour -
Legal vacation is not lawyers’ vacation — Deputy Attorney-General
1 hour -
Lawyers can seek accommodation, but cannot declare court boycott – Deputy Attorney-General
1 hour