Arbitration, Business Law and Ethics

Arbitration

However this is a dispute resolution mechanism whereas disputes are settled out of the court through arbitral tribunals or arbitrators that who make arbitral words as opposed to judgement. Conversely the law relating to arbitration in the US is contained in the Arbitration act 1995.  So then this act repealed the Arbitration Act cap 49.  Further this  Act applies to both international and domestic arbitration.

Whereas under sec 3(1) of the Act an Arbitration Agreement is an agreement through parties to  arbitration to submit all or certain disputes arising between them.  Whether an arbitral tribunal means that a sole arbitrator or a panel thereof an arbitration agreement might take the form of clause in a separate agreement or the contract between the parties.

Posted Date: 1/21/2013 7:56:27 AM | Location : United States







Related Discussions:- Arbitration, Assignment Help, Ask Question on Arbitration, Get Answer, Expert's Help, Arbitration Discussions

Write discussion on Arbitration
Your posts are moderated
Related Questions
Part A Companies can raise finance by borrowing money and securing the debt by way of fixed or floating charge. Using case law in your answer explain what is the distinction b

Challenging an Arbitral Award Conversely a party dissatisfied through an arbitral award any challenge that it in the High Court and the High Court might set it aside whether i

The Doctrine of 'Ultra Vires':                          The doctrine of ultra vires is a legal rule that was articulated by the House of Lords in the case of Ashbury Rail, Car

The UNCLOS 1982 The UNCLOS 1982 does not stop at gauging the limits of the territory of coastal states. Other features of the Convention include the right of transit of landloc

American citizens can utilize their Courts only under certain conditions and circumstances. That is, there are both formal and informal "barriers" to access the legal system.

Statutory power - mergers and winding up: It is usual to proceed under s.207 as there are technical difficulties over s.300 procedure.  The liquidator's powers to reach a comp

CONDITIONS FOR RELIEF: In H.R. Harmer Ltd (1959) Jenkins L.J. summarised the conditions which must be met before relief under the section can be granted by the court when he s

Explain International Atomic Energy Agency The  NPT  also  creates  rights and  obligations on  the  members of  NPT  to  comply  with  the provisions of the treaty and to ensu

COMMENCEMENT: However section 46(4) of the constitution offers that like, a law made through Parliament shall not come in operation whether it has been published in the Englan

Article 2 - State Responsibility Article 2 . This article lists down the elements of what constitute International wrongful act of a state. Means both wrongful acts and omissi