Different variations of this sort of a carveout, some with the discretionary option and others without, are also used in some intellectual property agreements, telecom joint venture agreements and many other types of domestic
commercial arbitration agreements.
The Supreme Court of the United Kingdom recently had to decide if a private
commercial arbitration agreement could specify the religion of the arbitrator.
Under Article 1 (3)(a) of the UNCITRAL Model Law on International Commercial Arbitration («Model Law»),
a commercial arbitration agreement is international if the parties have their places of business in different countries at the time of the conclusion of the agreement.
Not exact matches
The
arbitration will be governed by the
Commercial Arbitration Rules and the Supplementary Procedures for Consumer Related Disputes (collectively, «AAA Rules») of the American
Arbitration Association («AAA»), as modified by this
Agreement, and will be administered by the AAA.
While
commercial parties may turn to
arbitration as the choice dispute resolution mechanism in its transaction document, parties are advised to be alive to the fact that by adopting certain institutional
arbitration rules within the
arbitration agreement and conducting the
arbitration under the auspices of those institutions, they will be taken to have agreed to waive their right to recourse against the award by way of appeal on a question of law in the context of domestic
arbitrations.
Guidance and information on the drafting of
arbitration agreements for inclusion in international
commercial contracts;
A significant proportion of the cases in which Nigel is instructed take place in
arbitration, and he has substantial experience of both ad hoc and institutional
arbitrations involving a wide range of
commercial disputes, including insurance, reinsurance, sale of goods, shipping, energy and other
commercial agreements.
Served as trial or
arbitration counsel in a variety of
commercial matters, including a cases involving the voiding of a million - dollar note, a breach of contract case relating to a multi-million dollar insurance coverage dispute arising from a catastrophic loss, and a shareholder dispute centering on the interpretation of ten complex operating, management, business, and employment / non-compete
agreements.
Any lawyer tasked with drafting or approving a
commercial agreement (e.g., a vendor services
agreement) should consider whether to include a provision requiring the parties to submit some or all claims, including all small claims, to a private mediation or
arbitration forum, such as JAMS or AAA.
He obtained the first federal maritime decision to clearly hold that, under the Federal
Arbitration Act, to be enforceable, an
arbitration provision in an international
commercial agreement must be in a writing signed by the parties, or evidenced by an exchange of correspondence.
It is incompatible with Council Regulation No 44 / 2001 / EC (jurisdiction and recognition and enforcement of judgments in civil and
commercial matters) for a court of a member state to make an order to restrain a person from commencing or continuing proceedings before the courts of another member state on the ground that such proceedings would be contrary to an
arbitration agreement.
His diverse experience also includes: directors» and officers» liability coverage and litigation; cyberinsurance coverage; ERISA litigation;
commercial arbitration; FINRA
arbitration; aviation litigation; fiduciary litigation; claims related to stock purchase
agreements; EMTALA investigations; and defending errors and omissions claims against insurance agents and brokers.
Numerous ICC and LCIA
arbitrations between airlines and lessors (largely redelivery and
commercial agreement disputes).
2 The New York Convention (1958), -LRB-...) is the centerpiece in the mosaic of treaties and
arbitration laws that ensure acceptance of arbitral awards and arbitration agreements (INTERNATIONAL COUNCIL FOR COMMERCIAL ARBITRAT
arbitration laws that ensure acceptance of arbitral awards and
arbitration agreements (INTERNATIONAL COUNCIL FOR COMMERCIAL ARBITRAT
arbitration agreements (INTERNATIONAL COUNCIL FOR
COMMERCIAL ARBITRATIONARBITRATION, 2011).
Where those disputes can not be resolved through negotiation and
agreement, clients may need representation in litigation or
commercial arbitration.
[71]
Commercial parties in particular are urged to exclude «to the fullest extent» [72] the availability of appeal in their
arbitration agreements and to fully embrace arbitral awards as final.
However, the number of
arbitration agreements in
commercial contracts is growing.»
Robert's
commercial disputes experience has focused on the energy sector and includes representing a multinational energy company in a $ 150 million ICC
arbitration concerning the impact of government - imposed price renegotiation in the coal industry; representing an oil & gas major in a dispute under a long term gas supply
agreement in relation to an off - shore West African field; defending a Russian energy infrastructure company in LCIA
arbitration proceedings; and advising an oil major on potential claims under a bi-lateral investment treaty related to corruption charges and maltreatment of company officers.
Diego has advised in matters related to sovereign debt, financial restructuring, international financial litigation, public procurement, investor - State international
arbitration,
commercial arbitration and bilateral and multilateral
agreements negotiations.
When a contract between the parties states that the JW
Commercial Arbitration Rules will be used to resolve disputes between the parties, or a contract provides for disputes to be resolved through
arbitration by JW without specifying the rules to be utilized, or a contract does not state how disputes will be resolved and the parties agree to modify their
agreement to provide for
arbitration by JW, or two or more parties without a written contract between them agree to submit their dispute for resolution through
arbitration by JW, then these Rules, with any written modifications agreed to by the parties and approved by the arbitrator, will apply.
All disputes arising out of or in connection with this
agreement, or in respect of any legal relationship associated therewith or derived therefrom, shall be referred to and finally resolved by
arbitration administered by the British Columbia International
Commercial Arbitration Centre pursuant to its Rules.
In Fiona Trust Corp, the House of Lords also held that
arbitration clauses in international
commercial contracts ought to be liberally construed, and that parties to
arbitration agreements generally intend all disputes arising out of their relationship to be determined by the same tribunal, unless language to the contrary is present.
Julian Wilson's appearances in
commercial arbitrations include, in Vienna, under the rules of the Vienna International Arbitral Centre, handling an exclusive distributorship dispute in the scientific equipment sector; under LCIA rules, of a negligence claim against an international investment bank acting as valuer of an Eastern European bank in administration; under ACI Rules, of a telecoms
agreement; and in ad hoc arbitration of «earn - out» provisions in a Share Purchase Agreement relating to the acquisition o
agreement; and in ad hoc
arbitration of «earn - out» provisions in a Share Purchase
Agreement relating to the acquisition o
Agreement relating to the acquisition of an ISP.
On this point, Heller then submitted that the Act could not apply because the
arbitration agreement was not
commercial.
In international
commercial agreements,
arbitration clauses must be construed against the background of a presumed intention that a single tribunal will determine all of the parties» disputes and the
arbitration clause must be given a broad interpretation.
representing an international oil company in an AAA / ICDR
commercial arbitration (New York seat) relating to rights and remedies pursuant to an
agreement governed by New York law to share costs and monetary awards of investment
arbitration against a South American state (claim US$ 500 million)
Manchester
commercial litigation partner Dan Deane authored this article about what businesses should know about the Consumer Financial Protection Bureau's new rule that limits
arbitration use in consumer financial products and services
agreements.
Parties entering into
commercial agreements with foreign state - owned entities frequently insist that their
agreements provide for disputes to be resolved through binding
arbitration rather...
Jeffrey G. Weil, chair of the
Commercial Litigation Department, wrote an article for The Metropolitan Corporate Counsel on how businesses can take advantage of their
arbitration agreements.
The subject - matter of most
arbitration agreements is
commercial: performance and payment.
Chris also has experience in commodity sales and terminal service
agreements, franchise and distribution contract drafting and negotiation, and has acted as counsel in litigation respecting construction and general
commercial matters, and in mediation and
arbitration of construction disputes.
Section 2 (1) of the New ICAA explicitly states that the New York Convention «has force of law in Ontario in relation to arbitral awards or
arbitration agreements in respect of differences arising out of
commercial legal relationships.»
• Access Bank, Ecobank, Stanbic Bank, Barclays Bank, Standard Chartered Bank, SG - SSB: General litigation representation • Meridian Port Holdings Ltd: Ghana counsel in a dispute over a Concession
Agreement over the lease, building and operation of Port Container Handling & Services Terminal at the nation's premier
commercial harbour • AngloGold Ashanti (Ghana) Limited: General litigation representation • Bankswitch Ghana Limited (Ghana): Ghana counsel in international
arbitration between Bankswitch and the Government of Ghana • Balkan Energy Company: Ghana counsel in international
arbitration and local litigation against the Government of Ghana regarding a Power Purchase
Agreement Key Clients: AngloGold Ashanti, Balkan Energy, Stanbic, Guinness Ghana Breweries, Kasapa Telecom, Exim Bank, Dechert LLP, ATC Towers Ghana Limited, University of Ghana and American International School.
-- Enabling parenting coordination by
agreement or court order; — Amending the
Commercial Arbitration Act to address family
arbitrations; — integrating reproductive technologies into determining a child's legal parents; — Replacing the terms «custody» and «access» with «guardianship» and «parenting time»; — Defining «guardianship» through a list of «parental responsibilities» that can be allocated to allow for more customized parenting arrangements; — Extending the legislative property division regime to common - law spouses who have lived together for two years in a marriage - like relationship or who are in marriage - like relationship of some permanence and have children together; — Excluding certain types of property (e.g. pre-relationship property, gifts, and inheritances) from the pool of family property to be divided 50 - 50; and — Providing that debts are subject to equal division.
The court concluded that the
agreements did not give rise to «international
commercial arbitrations» to which the ICAA and the Model Law applied.
Mr Pratap learned senior counsel placed reliance on the Judgment of Supreme Court in case of Bhatia International (supra) and in particular paragraphs 26 and 32 and submits that even according to the said judgment, in case of international
commercial arbitration held out of India, provisions of Part - I would apply unless the parties by
agreement expressly or impliedly excludes any or all of its provisions.
Recognizing the growing importance of international
arbitration as a means of settling international
commercial disputes, the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the Convention) seeks to provide common legislative standards for the recognition of
arbitration agreements and court recognition and enforcement of foreign and non-domestic arbitral awards.
Is an
arbitration between two domestic companies arising from a contract for a shipment between two foreign countries an «international
commercial arbitration» for the purposes of the UNCITRAL Model Rules, particularly if the arbitral
agreement requires
arbitration in a foreign location?
The database already contains a large collection of laws, treaties,
agreements, awards and other primary materials related to
commercial and international
arbitration.
What happens when an
arbitration clause is contained within a
commercial agreement that one party says never came into existence or is unenforceable?