Multinational corporations agreeing to resolve a dispute through a formal hearing before a panel of experts is a method of alternative dispute resolution.

Multinational Corporations

Multinational corporations are large companies that produce and sell goods or services in multiple countries, operating across national borders.

Formal Hearing

A formal proceeding where evidence and arguments are presented, typically in a lawsuit or administrative process.

Alternative Dispute Resolution

A collection of processes such as mediation and arbitration used to resolve conflicts outside of traditional court litigation.