International Commercial Contracts - Competent Court - Arbitration
5 important questions on International Commercial Contracts - Competent Court - Arbitration
The choice is stated in an arbitration clause in the contract or made after a
The arbitrators can be selected for their specific expertise. This is important in disputes involving highly technical matters for which specific technical knowledge, qualifications and experience are required.
ICC Arbitration clause
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The ICC’s International Court of Arbitration is among the bigger international arbitration institutions.
Give other examples of institutions that offer international arbitration services.
- The London Maritime Arbitrators Association (LMAA) for maritime disputes
- The Dutch Transport and Maritime Arbitration Rotterdam-Amsterdam (TAMARA)
- P.R.I.M.E Finance (The Hague) for derivatives and other financial products
- The WIPO for IP and ICT disputes
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