International Arbitration is an area of law which has grown exponentially within the last decade. Factors such as fairness, enforceability of outcome, and the potential savings of economic costs, coupled with one's abilities to dictate the terms and conditions of a potential arbitration has resulted in International Arbitration as the preferred method of resolution for cross border disputes for many Multi National Enterprises.
A case is often prime for International Arbitration if the parties in question had previously stipulated to such.
Within the Arbitration Agreement, parties should clarify:
Some of the more popular arbitration venues include: