Chapter-5International Commercial Arbitration • January 29th, 2015
Contract Type FiledJanuary 29th, 2015When parties agree that a dispute shall be determined by arbitration, they cut themselves off from recourse to the courts of law. They have agreed to a private method of dispute resolution and they will be held to this agreement by the courts of law, both nationally and internationally, in accordance with national legislation and with international tre decision of one or more persons, either with or without an umpire, of some matter or