key differences

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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Permanent court of arbitration

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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cross border

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

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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Aerospace Arbitration

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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New York Convention

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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Enforcement of judgement

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

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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international franchise locations

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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