This course will examine the basics of the law and practice of international commercial arbitration: advantages and disadvantages of arbitration as a means of international dispute resolution; the arbitration agreement; arbitrability; initiation of arbitration; appointment of arbitrators; arbitral proceedings; rendering an award, and recognition and enforcement of arbitral awards under international conventions and the laws of the United States and numerous other countries of the world. Special attention will be given to the rules and practice of the leading arbitration institutions: the International Court of Arbitration of the ICC; the London Court of International Arbitration; the American Arbitration Association; the Arbitration Institute of the Stockholm Chamber of Commerce; and the ICSID, as well as the UNCITRAL Arbitration Rules and the UNCITRAL Model Law on International Commercial Arbitration. References to other arbitration institutions and arbitration laws of various countries of the world will be frequently made. There will be classroom discussions and simulations on various issues arising in international commercial arbitration.3 credits. Examination.
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