For more than 11years, litigation over a parcel of land for a commercial property in Accra stuck in the court.
It meant the investment was locked as the business developer could not execute the project due to acrimonious and costly litigation.
Offering a testimony about the benefits of Appropriate Dispute Resolution (ADR) at the signing of an MoU between Gamey and Co ADR Centre and the Ghana National Chamber of Commerce and Industry (GNCCI) in Accra, Dr Douglas Akuamoah Boateng, GNCCI Council Member, said the case was never settled in court after countless adjournments.
Dr Boateng, whose firm was a party to the dispute, said after 11 and half years, the parties were introduced to ADR. They decided to give it a try.
“Within one week, the case was resolved,” he stated happily, attracting applause from the GNCCI members at the event.
He therefore urged members of the business community to take advantage of the ADR mechanisms, particularly negotiation, mediation and arbitration to resolve commercial disputes rather than resorting t to court litigation.
By Edmund Mingle/ adrdaily.com