International business transactions


Parties may select an “ad hoc” arbitration or an “institutional” arbitration



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OUTLINE International Business Transactions

Parties may select an “ad hoc” arbitration or an “institutional” arbitration

  • See p. 718

  • Parties are also generally free to choose for themselves the juridical seat of their arbitration (and indeed should do so)

    • The seat or place of arbitration (or the “forum” or the “locus arbitri”) is highly relevant to both the conduct of the arbitration and to the enforceability of the award. Likely to affect matters such as

    • Does not mean that all the proceedings of arbitration have to take place there



    Recognition and Enforcement of Arbitral Awards: The New York Convention
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