formation of the arbitral tribunalInternational business arbitration is a common way for parties from different countries to settle disputes. Creating the arbitral panel responsible for hearing the case and rendering a final judgment is critical to international commercial arbitration. The arbitrators' credentials, …
Procedural Concerns in International Commercial Arbitration Arbitration is a popular technique for resolving disputes in international business agreements. The arbitration procedure is usually governed by the legislation of the arbitration venue, the arbitration rules, and the parties' agreement. The procedure norma…
Review of Arbitration Agreements Arbitration agreements are contractual terms that outline the method for settling disputes between parties outside of court. Arbitration agreements must be evaluated for legality, correctness, and rationality to guarantee their efficacy and enforceability. The different features of arbit…
What is the obligation to reduce damages, and why is it important? The legal need to mitigate damages is a puzzling and complicated notion that compels an aggrieved party to take reasonable steps to lessen their losses. The justification for establishing this responsibility is to prevent the aggrieved party from claimi…
Arbitration's Actual Expense in China A neutral third party, the arbitrator, hears both sides of the argument and then delivers a binding verdict. This procedure is known as arbitration. The Arbitration Law of the People's Republic of China, passed in 1994 and last revised in 2006, governs arbitration in China.A…
CHINA'S ARBITRATION AWARDS Legal decisions of this kind may be made in China via arbitration rulings. They are divided into "domestic" and "foreign-related." Domestic arbitration awards are subject to the jurisdiction of Chinese courts, but foreign-related arbitration awards are not. This is the…
Introduction of The New York Convention The New York Convention is an international treaty that governs the recognition and enforcement of arbitral awards globally. It was created in 1958 to promote uniformity in recognizing and enforcing arbitral awards and has been ratified by 159 countries. This comprehensive guide t…
What to Consider When Initiating International ArbitrationVenue:When initiating international arbitration, the first step is to choose a venue - the country or other location where the arbitration will occur. There are several factors to consider when selecting a venue, such as the local laws, the availability of arbitr…
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Steve Li 