Any arbitration of legal disputes relating to CUDA Soft, Services, or Software will be conducted by a competent court with jurisdiction over the region in with Gretech is located and will be governed under South Korean law.
Arbitration is a business in itself and the very existence of Paris Place de l'Arbitrage shows the will of countries to compete against each other in terms of reputation and best practices. Arbitration institutions have historically been very influential in this process.
For example, investment arbitrations may concern the ability of States to legislate in the public interest or to discuss issues that affect local communities.
This arbitration concerned a dispute arising out of a sales contract signed in 2009 between Metal VM(a Serbian corporation) and Janina(a Kosovo corporation) regarding electric boilers to be used for a central heating system.
Intellectual property disputes tend to be multi-jurisdictional in nature, and international arbitrations involving intellectual property law are becoming more and more commonplace.
This refusal can be challenged within one month of the notification of the decision when the arbitration is an international one and the award is rendered in Albania.
The arbitration concerned an investment made in the gaming sector in Laos, namely the Savan Vegas Hotel, Casino Complex in Savannakhet Province, and three slot machine clubs.
Arbitrators will order interim measures, which are intended to preserve the status quo pending the outcome of the dispute, in the event of likely harm to one party.
The arbitration shall be conducted by telephone or online and be solely based on written submissions, the specific manner to be chosen by the party initiating the arbitration;.
In short, the construction industry is well served by arbitration and it follows that construction disputes will remain a significant portion of the caseloads of all major arbitral institutions in the years to come.
The arbitration will be governed by the then-current version of AAA's Commercial Arbitration Rules(the"Rules") and will be held with a single arbitrator appointed in accordance with the Rules.
Claims shall be arbitrated free of charge by our arbitration provider, the American Arbitration Association(« AAA»), though each party will be responsible for its own attorney's fees.
The arbitration will be governed by the then-current terms of the Commercial Arbitration Rules of the American Arbitration Association(the“Rules”) and will be held with a single arbitrator appointed in accordance with the Rules.
Second, to the extent that the arbitration raises EU law issues(e.g., State aid) and that Claimant receives a substantial amount, there is a risk that the EU Commission encourages Respondent not to pay.
If any of the parties refuses or fails to take part in the arbitration or any stage thereof, the arbitration shall proceed notwithstanding such refusal or failure.
The arbitration will be conducted in accordance with JAMS Streamlined Arbitration Rules and Procedures and any other applicable rules that JAMS requires("JAMS Rules") that are in effect as of the demand for arbitration.
Other materials:"Customs did not let a ton of auto parts in Vladivostok Arbitrage took the side of entrepreneurs in a dispute with the fiscal authority".
Investment treaty arbitration has various flaws, but one flaw that is acknowledged by both foreign investors and States who use the dispute resolution system is that, in practice, it can be incredibly expensive.
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