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6 Arbitration Clauses for International Financial Disputes »

Gerard J Meijer, Richard H Hansen
From: International Financial Disputes: Arbitration and Mediation
Edited By: Jeffrey Golden, Carolyn Lamm
This chapter discusses the drafting of arbitration clauses for international financial disputes. Topics covered include the general elements which should be included in all arbitration clauses to ensure compliance with local laws and that disputes about the elements of the arbitration clause do not arise after the start of an international financial dispute; model arbitration clauses developed by arbitration institutes for use in financial contracts; description of the legal relationship to which the arbitration clause relates; parties and place of arbitration; the choice of an applicable substantive law; number and appointment of arbitrators; decision standard; language of the proceedings; and confidentiality, waivers, and arbitrability.