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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1110 |
Essay's paper body
In addition, international arbitration is frequently regarded as a means of mitigating the peculiar uncertainties of transnational litigation-which can include protracted jurisdictional disputes and expensive parallel proceedings-by designating a single, exclusive dispute resolution mechanism for the parties' disagreements...
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Moreover, international arbitration is often seen as a means of obtaining an award that is enforceable in diverse jurisdictions.
Although international arbitration is a consensual means of dispute resolution, it has binding effect only by virtue of a complex framework of national and international law...
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General points of the essay
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