International Commercial Arbitration - Ad Hoc versus Institutional

International Commercial Arbitration - Ad Hoc versus Institutional
Автор
 
Год
 
Страниц
 
68
ISBN
 
9783639093315
Категория
 
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Описание:

The book offers a comparative analysis of ad hoc and institutional arbitration, contributing to the existing professional literature with the aim to assist the parties making a pertinent choice. The advantages and disadvantages of both procedures are presented in the different procedural phases, unveiling the risks and difficulties that one may encounter and offering recommendations to avoid pitfalls and dead-ends. As different constructions may be suitable for different situations, depending on the particularities of each dispute and business relationship in part, and also depending on the parties’ priorities, this book does not offer a recipe to suit each and every case. The general opinion favoring institutional arbitration is mostly supported for reasons of ease and due to the high risks of improperly constructed ad hoc proceedings, but the advantages of ad hoc arbitration, if properlyadministered, are also recognized, admitting the potential primacy of this alternative for...

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