Cross border and domestic commercial disputes pertaining to
Intellectual Property (IP) have become common with the trans-border
reputation of brands coming into the picture in the digital era.
While judicial options seemed times taking and expensive, the World
Intellectual Property Organization (WIPO) set up the WIPO Arbitration and
Mediation Centre to provide a convenient, efficient and alternative
solution for IP Disputes. Accordingly, parties can now opt for
alternative dispute resolution options including mediation,
arbitration, expedited arbitration and expert determination for
disputes revolving around IP, technology and even domain name
disputes.
As a business entity or an individual, IP disputes take a toll
on all the parties involved, considering the long years of
litigation, associated costs etc. Alternative Dispute Resolution
(ADR) has been the new option most businesses are exploring as it
provides a flexible, affordable and confidential recourse which
