| dc.description.abstract | Arbitration procedure was originated as the
most efficient ADR method as it was fast track in resolving
disputes and no legal formalities involved. But was then
criticized even internationally as being a foundation for
civil litigation. Hence, expedited arbitration procedures
were introduced in the international arbitration forums as
a variant of arbitration to re-root the advantages once
originated in the arbitration proceedings, the accelerated
speed and cost effectiveness, while considering the
necessity of the finely tuned procedural of a quality award.
Many studies have established that in the current practice
expedited arbitration has been adopted in numerous
arbitration institutes and is effectively being initiated to
solve challenging disputes in various discipline. Thus, this
study aims to approach the practicability of expedited
arbitration in the Sri Lankan Construction Industry. To
identify the current practice and the tendency of adaptation
it in Sri Lankan construction, qualitative primary data was
collected from conducting semi-structured with Sri Lankan
construction stakeholders and arbitration institutes and
analysed through content analysis. Which resulted the
conclusion that construction stakeholders tend to be more
reluctant towards adopting to expedited arbitration and
identified motives behind was lack of awareness and mainly
the downfall of the Sri Lankan construction. | en_US |
