This article reviews the increasing use of Dispute Boards for infrastructure projects in Latin America, with a view towards describing their structure, legal implications, origin in Latin America, and the advantages that they present over formal dispute resolution procedures, particularly arbitration. The problem that Dispute Boards are intended to resolve is the judicialisation of arbitration, wherein the length and cost associated with an arbitral decision is nearly indistinguishable from seeking judgment in the regular court system. The article describes how Dispute Boards have been found to resolve this problem by reducing the amount of time it takes to resolve a dispute, and therefore the cost, as well as by creating a more amicable and proactive approach to dispute resolution. A survey of several Latin American countries illustrates the success that the region has had in implementing Dispute Boards in large-scale infrastructure projects, notably in the Rio Olympics, as well as the expectation of greater use in the future, notwithstanding the uneven adoption of Dispute Boards across individual Latin American countries.
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