King Washington Arbitration Agreement - with Foreign Company

Name: King Washington Arbitration Agreement - with Foreign Company
Brand: US Legal Forms
Rating: 4.74 (378 reviews)

Category:

Technology - Litigating Computer Actions

State:

Multi-State

County:

King

Control #:

US-CP1313-AM

Format:

Instant download

Description

This sample form, a detailed Arbitration Agreement (with Foreign Company) document, is for use in the computer, internet and/or software industries. Adapt to fit your circumstances. Available in Word format.

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FAQ

To enforce a foreign commercial arbitral award in the U.S. courts (assuming the losing party is subject to the jurisdiction of the U.S. courts), an award holder need only present an authentic copy of the award to the court, at which point it will be recognized and enforced unless the losing party can establish a basis

Particularly in the international contracts area, arbitration is used to bypass the fear (real or perceived) of not getting a fair hearing in another country's courts, or fear of corruption in such courts.

International arbitration is the preferred method of resolving cross-border disputes, with London, Singapore, Hong Kong, Paris and Geneva topping the list as the most preferred seats for arbitration. ICC, SIAC, HKIAC, LCIA and CIETAC were named as the top five arbitral institutions.

Perhaps the foremost advantage of international arbitration over litigation is that an international arbitral award is enforceable virtually worldwide, while a judgment from a national court is oftentimes only enforceable in the nation that issued it.

Arbitration provides a binding solution to the dispute by way of an arbitral 'award'. The award can be enforced internationally through the provisions of the 1958 New York Convention on the Recognition and Enforcement of Arbitral Awards, which more than 140 states have ratified.

In the international context, arbitration also benefits from enforcement conventions that allow the direct enforcement of awards. The decisions of experts only have the force of contract and, to enforce them, parties must bring a new action in the appropriate jurisdiction for breach of contract.

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Largest and longest-established MSc in this field. Extensive input from leading professionals.Foreign Direct Investment International Arbitration Moot. 2022 Globals at King's College London. Consolidation of Arbitral Proceedings, in IBA Section on Business Law, Arbitration and ADR Committee. Newsletter (May 2004). Arbitration agreement. In the case of All Union Foreign Trade Association Sojuzneftexport v. Our team comes to you with decades of experience in the personal finance space. Department of Health, Education, and Welfare.

King Washington Arbitration Agreement - with Foreign Company

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How is international arbitration enforced?

Why would arbitration be used in cases of international contractual dispute?

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Is arbitration binding in international law?

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