Establishment and Organisation of the Tribunal The establishment and organization of the tribunal is a crucial aspect of international commercial arbitration. The tribunal is responsible for resolving the dispute between the parties, and its composition and procedures can have a significant impact on the outcome of the arbitration. The following are some of the key …
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International Arbitration What Is International Arbitration? International arbitration is similar to domestic court litigation, but instead of taking place before a domestic court it takes place before private adjudicators known as arbitrators. It is a consensual, neutral, binding, private and enforceable means of international dispute resolution, which is typically faster and less expensive than domestic court proceedings. The use of international arbitration has evolved to allow parties …
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Interest and Damages. Damages in Construction Claim | Interest Interest is either interest as a component of the claim, or interest after the award. Each is for different period of time. the rates may also different. Interest can be a very substantial component of the claim. Sometimes, by the time the claim comes to trail, …
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