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| Topic: |
Business
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| Number of pages / Number of words: |
34 / 9362 |
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Domke on Commercial Arbitration
10. Van den Berg, The New York Convention of 1958 and G.Gaja, The New York Convention
11. Holtzmann & Neuhaus, Guide to the UNCITRAL Model Law on International Commercial Arbitration
INTERNATIONAL COMMERCIAL ARBITRATION
International arbitration, like domestic arbitration, is a means by which a dispute can be definitively resolved, pursuant to the parties' voluntary agreement, by a disinterested, non-governmental decision-maker...
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Or, in the words of the U.S. Supreme Court, "an agreement to arbitrate before a specified tribunal [is], in effect, a specialized kind of forum-selection clause that posits not only the situs of suit but also the procedure to be used in resolving the dispute." (Scherk). "There are as many other definitions of arbitrations as there are commentators on the subject...
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