Legal Environment where arbitration operates Flashcards
Pre-Ny Convention
Centres created institutions for arbitration.
They provided a framework for how arbitration is to be carried out
Allowed for order and approval
Time line for early advancements
1919- london court of arbitration
1923- creation of ICC
Merchants of peace- believed that international business and trade would achieve peace and prosperity for all
Globalisation
Europeans first to introduce arbitration and create rule and laws surrounding it
AAA- Americant Arbitration association- international centre for dispute resolution
Time line for later advancements
1976- UNCITRAL arbitration rules- rules that govern arbitration
1985- model law that countries can implement into their statute
Canada first nation to implement the model law
UNCITRAL
NATIONAL TREATURY FOR KNOWLEGE AND INFO on arbitration
Helps smaller countries be able to implement and know the rules
Working groups that meet and update the rules and relevant law
Model law
Founded by international conventions and its international characyer
Allows for plethora of jurisprudence as if u are a signatory u have case law fom any other country that has interpreted the issue
How countries adopt the model law
Each country differs
Gold standard- australia- direct incorporation of model law w same numbers and titles and clearly states when they will exclude a provision.
Impact of the model law
Not only does it provide a framework but fills in the gaps for relevant procedural rules when parties havent chosen any
Art 5 of model law
Court can only intervene when the law allows it to do so
Art 7 of model law
Agreement to arbitrate must be in writing
evidentiary requirements
Art 8 of model law
Parties can choose to litigate instead of arbitrate upon mutual consent
Art 11 of model law
If parties cant choose arbitrtors and no appointing authority, courts can become the apointing authority
Art 13 of model law
If theres conflict of interest
must go to tribuna , bre reoslved in 15 days
if not, court after 30 days
Art 14 of of model law
If arbitrator dies/quits up to court to decide whether arb will be terminated
Art 17J of model law
court can decide on interim measures