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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The arbitral award

The arbitral award is the decision rendered by the arbitral tribunal which finally determines the issues submitted to it. The arbitral tribunal can either determine all issues in one award or decide to render one or more ‘partial’ or ‘interim’ awards before rendering its final award. A different kind of award is an ‘award by consent’.

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