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4 cards from this section. Quick, good the night before a test.
Define international arbitration in your own words.
Think about the characteristics that distinguish it from domestic arbitration.
What is the UNCITRAL Model Law?
Focus on its role in reducing court involvement.
What is the main purpose of international arbitration?
Think about why parties choose arbitration over courts.
True or False: Judicial intervention is frequent in international arbitration.
Consider how arbitration aims to minimize outside influence.
Analyze a scenario where a contract between a US-based company and a Canadian supplier escalates to arbitration. Discuss the possible impacts of the New York Convention on enforcing the award.
Focus on the reciprocal obligations and processes outlined by the Convention.
Evaluate the role of the arbitration agreement in preventing disputes. Use a hypothetical case where a poorly defined agreement led to a lawsuit.
Think about how detailed contracts clarify expectations.
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