The Principles And Practice: Of International Co...

Unlike court records, which are often public, arbitration proceedings and awards are generally private.

The process begins when the claimant files a notice. This is followed by the constitution of the tribunal, usually consisting of one or three arbitrators. The Principles and Practice of International Co...

This is the "golden rule" of arbitration. Unlike litigation, where rules are imposed by the state, parties in arbitration can choose the language, the seat (legal location), the applicable law, and the specific individuals who will judge their case. Unlike court records, which are often public, arbitration

The Seat is the legal home of the arbitration (e.g., London or Singapore). Its laws govern the procedure and the court's power to intervene. The Venue is simply where the hearings physically take place. This is the "golden rule" of arbitration

International Commercial Arbitration (ICA) is a private system of justice that bypasses national courts in favor of neutral, expert panels. 1. The Core Principles The entire system rests on a few foundational pillars: