Alle Beiträge zum Stichwort: Arbitration procedure

In international business transactions, many companies specifically opt for arbitration. It offers confidentiality, flexibility, and often advantages in terms of international enforceability. Careful contract drafting is essential to ensure that these advantages actually come into play in the event of a dispute. Particular attention should be paid to the arbitration clause. Contradictions, ambiguities, or gaps can lead to significant delays or even prevent proceedings altogether. This article highlights key stumbling blocks in the drafting of arbitration agreements in cross-border contracts.

"Arbitration before litigation" is firmly anchored in the Swiss culture of dispute resolution. In principleproceedings may only be initiated after the parties have attempted mediation. But what exactly does conciliation mean? What rules apply and what are the challenges?

Swiss corporations will be able to have corporate disputes decided by an arbitration court based in Switzerland as of January 1, 2023.