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  1. Yadanabon University
  2. Department of Law

International commercial arbitration

Permalink : http://hdl.handle.net/20.500.12678/0000000394
c15f77f4-3191-4d16-a1f5-71ba93801b76
c35186fb-02d0-46ba-9598-5d6313922b5a
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International International Commercial Arbitration.pdf (85.2 kB)
sha256: 15a62bd589012abb5f1905af0d8f15e4a9b89a89e361537e73648c2f5632525d
Publication type Journal article
Upload Type Publication
Title
International commercial arbitration
en
Publication date 2011
Authors
Thit Oo Hlaing
Description
Arbitration proceeding is non-judicial proceeding for submitting a dispute to a third person or persons for a binding decisions. There are many advantages to use this means of proceeding over judicial proceeding. There are no rules relating to private international law. The more shorter time is needed to solve problems. They can avoid camera, etc. The enforcement of arbitral award, the rules contain in New York Convention are more flexible than the earlier Conventional rules. In order to use the arbitration proceeding, it is needed to draft the arbitration agreement in the business contract before they start their business transactions. In this agreement, it may be asserted the specific arbitration rules or arbitration institution to submit the dispute. There are many types of international commercial arbitrations. It can be distinguished in the basic of the business transactions, e.g. arbitration relating to investment can be called Investment Arbitration. There are two types of arbitration rules, ad hoc and institutional arbitration. Most of the Ad hoc arbitration to follow the rule relating to their arbitration is UNCITRAL Arbitration Rules. In the other hand, Arbitration Institutions own their specific rules. There are many Arbitration Institutions, ICC, ICSID, AAA, LCIA, SIAC etc.
Keywords
non-judicial
Files 85 Kb
Available
2020-05-05
application/pdf
preview
application/pdf
open_access
International Commercial Arbitration.pdf

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