International Commercial Arbitration - Research Paper Example

The paper tells that an International Commercial Arbitration has been an element of study owing to some of the unique features it is associated with.... International Commercial Arbitration tries to solve a few of these problems by providing a mutual solution to the issues on the basis of judgment provided outside the legal framework of either country.... International Commercial Arbitration International Commercial Arbitration tends to resolve disputesinvolving commercial contracts under the guidance and supervision of a number of international institutions and bodies framing international rules....

in International Trade Law 2010/2011 DISSERTATION Sharia Law, International Commercial Arbitration and Enforcing Foreign Judgments Accommodating Sharia Law to International Commercial Arbitration and Enforcing Foreign Judgments in Saudi Arabia.... Abstract This dissertation is an inquiry into the differences existing between International Commercial Arbitration and arbitration pursuant to Sharia law as it is practiced in the Kingdom of Saudi Arabia....

International Commercial Arbitration and Privity of Contract Introduction The formation and development of International Commercial Arbitration has grown in importance as the world of business progresses on a global level.... In the response to the difficulties caused by conflicts in laws and contract disputes, International Commercial Arbitration devised a way in which such conflicts could be avoided and disputes solved easily out of court....

The Relationship Between Sharia Law and International Commercial Arbitration Outline 1) International Commercial Arbitration a) Arbitration under different legal systems Arbitration is a dispute-settlement mechanism which may only be used with the consent of the parties, but when resorted to, renders binding decisions mong them.... The overlap between International Commercial Arbitration and private international law – issues of applicable law, international jurisdiction, recognition and enforcement of judgments, and arbitral awards – is complex because it involves not only the controversy of which is the applicable system of laws, but also the applicable system of private international law....

International Commercial Arbitration: A Comparative Study between Sharia, Saudi Arabia and English.... It is for these reasons why International Commercial Arbitration flourished along with the development and evolution of the international trade system.... The most recent of these improvements is the enactment of the Saudi Arbitration Law 2012 (SAL 2012) which is inspired by the Model Law that is regarded as a developed model of International Commercial Arbitration....

This essay "Choice of Law in International Commercial Arbitration" sheds some light on the tension between the will of the arbitrating parties and the ability of States to regulate the conduct and status of arbitration proceedings.... The general trend in International Commercial Arbitration is to respect, within limits, the will of the parties regarding the choice of law and the procedure for carrying out their arbitration.... Thus, party autonomy is recognized as one of the cardinal elements of International Commercial Arbitration....

The paper "International Commercial Arbitration: Privity of Contract in Arbitration Agreements" explores the fundamental issues in arbitration agreements with respect to the privity of contract, consolidation of parties, arising conflicts and potential remedies.... To that end, this paper seeks to provide a succinct and integrated understanding of International Commercial Arbitration with reference to recognition and enforcement of Orders and Awards.... That notwithstanding, every arbitration law endeavours to provide protection to its parties without necessarily attracting legal relations....

From the paper "International Commercial Arbitration as an Alternative Dispute Settlement Mechanism in International Trade" it is clear that arbitration leads to a final determination which is binding as to rights and obligations of the parties to arbitration.... It is not defined by the UNCITRAL Model Law on International Commercial Arbitration as it is perceived as being 'unnecessary' Its primary characteristics are: it is a mechanism for the settlement of disputes; it is consensual; it is a private procedure and it leads to a final and binding determination of the rights and obligations of the parties....