Businesses generally include this type of clause in contracts when they don't want to open themselves up to time-consuming and drawn out lawsuits in the event of a dispute with a customer or client. If you wish to keep more control over how disputes are handled, consider including this clau...
在翻译英文合同时经常会出现Arbitration Clause(仲裁条款),今天就带领大家一起揭开Arbitration Clause 的神秘面纱。 首先,仲裁是什么意思呢。Arbitration【英文释义】为“Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding deci...
Force majeure clause = force majeure + + action In the middle, we may encounter some inhuman factors or destruction. At this time, we need to negotiate in advance how to avoid unnecessary disputes. Example 1: if encountering uncontrollable time or circumstances, it shall be regarded as force ...
A binding arbitration agreement, also known as an arbitration agreement, is usually a clause in a larger contract. The rules for arbitration are found in the arbitration clause. The arbitration agreement spells out the agreement by both parties to settle out of court through arbitration if a disp...
Related to arbitration: arbitration clausear·bi·tra·tion (är′bĭ-trā′shən) n. The process by which the parties to a dispute submit their differences to the judgment of an impartial person or group appointed by mutual consent or statutory provision. American Heritage® Dictionary of...
specificmattersfromarbitration,theymaymodifyabroadscopearbitrationclauseasfollows:Example3AnycontroversyorclaimarisingoutoforrelatingtothisAgreement对因“本租约”或其履行引起或与之有关的任何争议，各方应istobearbitrated,including,withoutlimitationanycontroversyor当首先努力通过协议方式解决。若各方无法解决该争议，则应...
after the coming into force of the Chinese Arbitration Law as of September 1, 1995, there are more than one arbitration institutions in Beijing and the "arbitration in Beijing" clause concluded by the parties has not specified the arbitration institution and is not enforceable. ...
In order for parties to choose effectively the governing law of the arbitration agreement, the arbitration agreement will have to provide, for example, that “the governing law of this arbitration clause is Hong Kong law”. In ...
On the other hand, clauses can be more detailed: Arbitration. All claims and disputes arising under or relating to this Agreement are to be settled by binding arbitration in the state of [insert state in which parties agree to arbitrate] or another location mutually agreeable to the parties. ...
Class Action-Barring Mandatory Pre-Dispute Consumer Arbitration Clauses: An Example of (and Opportunity for) Dispute System DesignUltimately, this essay will conclude that a private, ad hoc dispute system design process did lead to the insertion of class action waivers in mandatory pre-disSocial ...