Sentences with phrase «consider arbitral institutions»
Arbitration is growing in use in contracts with a nexus to the Middle East, with parties increasingly willing to consider arbitral institutions and seats in the region.
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The IBA Guidelines are not legally binding but continue to be used by parties, arbitrators, arbitral institutions and the courts when considering whether an arbitrator has acted with independence and impartiality.
It is wrong to consider that the arbitral culture, drawing upon the very best practices of good commercial courts, does not empower the arbitrator, the tribunal and the institution to require efficient and fair process based on cooperation in good faith of parties.