Sentences with phrase «agreed arbitral procedure»

The distinction between an agreed arbitral procedure and an imposed court is important.

Not exact matches

581 (2004), where the court held that an arbitrator's failure to state reasons, as required by the rules of the American Arbitration Association agreed upon by the parties, was not considered part of the arbitral procedure.

Article V (1)(d) places no express limitation on the autonomy of the parties to agree on the composition of the arbitral tribunal or the arbitral procedure.

For instance, a German court enforced an award rendered in Turkey where the parties had agreed to the rules of the Arbitral Commission of the Istanbul Chamber of Commerce and Industry, and rejected a party's argument that the procedure was not in accordance with the requirements of the Turkish Code of Civil Procedure.866

European Convention on International Commercial Arbitration, Geneva, 21 April 1961, Article VIII: «The parties shall be presumed to have agreed that reasons shall be given for the award unless they (a) either expressly declare that reasons shall not be given; or (b) have assented to an arbitral procedure under which it is not customary to give reasons for awards, provided that in this case neither party requests before the end of the hearing, or if there has not been a hearing then before the making of the award, that reasons be given.»

The arbitral award is to be rendered according to the procedures agreed to between the parties and the provisions of the arbitration law.