
What is Space Arbitration and Which Tribunal to Choose?
Space technology is advancing, and as more people commercialize space, we can expect disputes to arise over the use of space resources. It is also expected that disputes over the ownership of space assets, satellite operations, space tourism, and other space-related activities will skyrocket. When such disputes arise, there is a need...
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International Chamber of Commerce vs American Arbitration Association: Key Differences and Areas of Expertise
When it comes to resolving disputes, businesses often prefer arbitration over the courtroom. It’s faster, more efficient, and more flexible than traditional litigation, allowing parties to have more control over the outcome. Two of the best-known arbitral institutions in the world are the International Chamber of Commerce (ICC) and the American Arbitration...
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A Comprehensive Comparison of the International Court of Justice and the Permanent Court of Arbitration
International disputes are inevitable, but what sets nations and organizations apart is how they resolve them. The International Court of Justice (ICJ) and the Permanent Court of Arbitration (PCA) are two of the most prominent entities responsible for settling international disputes. Both organizations have been in existence for over a century and...
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Dealing with Arbitration Notice in a Cross Border Dispute
If you've ever been involved in a dispute across international borders, then you're probably familiar with the concept of arbitration. Arbitration is a form of dispute resolution that involves an independent third party making a binding decision based on the evidence presented by both parties. When you receive a notice for arbitration,...
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ICSID Rules on Mediation and Expedited Arbitration
When it comes to international investment arbitration, the International Centre for Settlement of Investment Disputes (ICSID) is one of the most recognized institutions worldwide. Its rules on mediation and expedited arbitration have been gaining popularity lately for being quick and cost-effective mechanisms to resolve disputes. However, not everyone is aware of how...
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Cross-Border Arbitration in Aerospace Engineering: Advantages and Challenges
Aerospace engineering is a fast-growing industry that involves designing and testing aircraft, spacecraft, and other flying vehicles. With technological advancements and increasing international trade, companies in this industry often find themselves dealing with cross-border disputes that require legal intervention. This is where cross-border arbitration comes in. In this blog post, we dive...
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The Power of the New York Convention
International corporations enter into contracts with different entities throughout the world. At times, disputes arise, leading to arbitration. The arbitrator issues an award when arbitrating a disagreement. The New York Convention of 1958 assists in enforcing awards rendered in international arbitration proceedings. Understanding the Convention helps ensure success in the complicated and...
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Arbitrational Award vs. Judgment
International corporations are no strangers to dispute resolution processes, including arbitration, mediation, and litigation. However, once a dispute is resolved, the parties must enforce the decision, which can be a challenge when dealing with foreign countries. International corporations need to understand the fundamental differences between enforcing an international arbitration award and enforcing...
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The Significance of Incoterms
If you expand overseas, you must navigate a complex web of laws and regulations to get started. One important area to understand is international trade terms, known as Incoterms. These terms define the responsibilities and obligations of buyers and sellers in international transactions. Incoterms determine who bears the risk and costs of...
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Navigating International Franchising
In recent years, franchising has become a popular business expansion mode across borders. Franchisors not only use it to increase brand and business growth opportunities but also to provide a low-risk means to expand into new markets. However, franchisors face unique legal and economic challenges when they develop their brand beyond their...
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