Arbitration and Alternative Dispute Resolution

How to Settle International Business Disputes

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This handbook focuses on available methods for preventing and resolving commercial disputes in international commerce. It examines the different types of disputes encountered in international trade and outlines the fundamental principles applicable to international commercial arbitration. Text of the major international arbitration convention and rules, as well as a list of arbitration institutions worldwide are also included.

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Contents of an arbitration clause

An arbitration clause that is vaguely drafted, or incomplete, works against the expectation of the parties who resort to arbitration. Above all, copying a clause used in another contract, which a party has not drafted personally, should be avoided. Each new contract creates a new situation, which frequently calls for answers specifically and appropriately tailored to the settlement of anticipated disputes.

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