The Principles And Practice Of: International Co...

This is the "golden rule" of arbitration. Unlike litigation, where rules are imposed by the state, parties in arbitration can choose the language, the seat (legal location), the applicable law, and the specific individuals who will judge their case.

This is the "engine" of ICA. It is a treaty signed by over 170 countries that requires national courts to recognize arbitration agreements and, most importantly, enforce foreign arbitral awards as if they were local court judgments. 2. The Practical Process The Principles and Practice of International Co...

Because of the New York Convention, it is often easier to enforce an arbitral award globally than it is to enforce a national court judgment. Conclusion This is the "golden rule" of arbitration

The subject (often associated with the seminal textbook by Redfern and Hunter) covers the primary mechanism for resolving cross-border business disputes. It is a treaty signed by over 170

A typical arbitration follows a structured path, though it is more flexible than a courtroom trial: