Arbitration is a crucially important form of dispute resolution for international businesses. This course will offer students a foundation in the legal and quasi-legal framework governing international arbitration. Topics will include: advantages and disadvantages of arbitration as compared to litigation; special characteristics of arbitration agreements; enforcement of arbitration agreements; initiation of arbitration; appointment of arbitrators; rules on arbitrability; institutional vs. ad hoc arbitration; annulment of arbitral awards; and enforcement of arbitral awards. Special attention will be given to the New York Convention (the main treaty that governs international arbitration), the Panama Convention, the UNCITRAL Model Law, the U.S. Federal Arbitration Act, and procedural rules frequently used in international arbitration. Frequent comparative reference will also be made to the arbitration laws of other countries throughout the world.
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