Commercial arbitration definition

Commercial arbitration means an arbitration that covers matters arising from all relationships of a commercial nature, whether contractual or not. Relationships of a commercial nature include, but are not limited to, the following commercial transactions: any trade transaction for the supply or exchange of goods or services; distribution agreements; construction of works; commercial representation or agency; factoring; leasing; consulting; engineering; licensing; investment; financing; banking; insurance; joint venture and other forms of industrial or business cooperation; carriage of goods or passengers by air, sea, rail or road.
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Commercial arbitration means a dispute resolution method agreed by the parties and conducted in accordance with the provisions of this Law.
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Commercial arbitration means an arbitration arising out of a commercial relationship.
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Examples of Commercial arbitration in a sentence

  • The arbitrators shall follow the Commercial arbitration Rules of the American Arbitration Association, except as otherwise provided herein.

  • All judgments and rulings made by the CICC are final and binding on the parties with legal effect.45 By the end of 2019, CICC had accepted 13 cases.46 13.2 Commercial arbitration Many foreign enterprises prefer arbitration as a way of dispute resolution.

  • Commercial arbitration enables the parties to create systems tailored to their dispute and to guarantee the necessary confidentiality to protect their commercial secrets and their reputation.

  • Commercial arbitration agreements between citizens of contracting states fall under the Convention, as do agreements between citizens of the United States, when they involve property, performance or enforcement abroad or “some other reasonable relation with one or more foreign states.” 9 U.S.C. §202.

  • Madsen, Commercial arbitration in Sweden: a commentary on the Arbitration Act (1999:116) and the rules of the Arbitration Institute of the Stockholm Chamber of Commerce,p.

  • The terms or the Commercial arbitration rules of AAA shall apply except to the extent they conflict with the provisions of this paragraph.

  • Commercial arbitration has not had much success in Morocco to date.

  • Commercial arbitration has been hailed as the most efficient form of dispute settlement available to participants in international trade.

  • Commercial arbitration procedures are also not necessarily appropriate unless the contracting parties are in a position of equal bargaining power.

  • Madsen, Commercial arbitration in Sweden: a commentary on the Arbitration Act (1999:116) and the rules of the Arbitration Institute of the Stockholm Chamber of Commerce, p.


More Definitions of Commercial arbitration

Commercial arbitration means all relationships of a commercial nature17
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Commercial arbitration means a mode of dispute settlement agreed by the parties and to be conducted under this Law.
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Related to Commercial arbitration

  • UNCITRAL Arbitration Rules means the arbitration rules of the United Nations Commission on International Trade Law.

  • Arbitration means any arbitration whether or not administered by a permanent arbitral institution;

  • Notice of Arbitration means the formal notice from the CONTRACTOR or the CUSTOMER to the other party referring a dispute to arbitration in accordance with the provisions of Schedule 2-9.

  • ICC Rules means the Rules of Arbitration of the International Chamber of Commerce in effect on the date the applicable arbitration proceeding begins.

  • Mediation means any process in which a mediator facilitates communication and negotiation between the parties to assist them in reaching a voluntary agreement regarding their dispute.

  • Arbitration Board has the meaning set forth in Section 9.10.

  • Arbitration Rules means the AAA’s Commercial Arbitration Rules and Mediation Procedures.

  • Compulsory arbitration means the procedure whereby parties involved in a labor dispute

  • Arbitration Tribunal means an organ composed of an odd number of persons known as arbitrators, who decide on the solution of a conflict in which the parties have expressly waived recourse to the ordinary civil courts

  • JAMS means JAMS, Inc. or its successor entity, a judicial arbitration and mediation service.

  • AAA Rules has the meaning set forth in Section 11.2.

  • Arbitration Panel shall have the meaning set forth in Section 3 hereof.

  • Mediation Rules As defined in Section 2.03(h)(i).

  • Arbitration Act means the Arbitration and Conciliation Act, 1996 and shall include any amendment to or any re-enactment thereof as in force from time to time.

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

  • Voluntary arbitration means the procedure whereby parties involved in a labor dispute

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • LCIA means the London Court of International Arbitration;

  • Arbitrators has the meaning set forth in Section 11.5.3.

  • Arbitration Award shall have the meaning given such term in Section 22.5.

  • Conciliation means the attempted resolution of issues raised by a complaint, or by the investigation of such complaint, through informal negotiations involving the aggrieved person, the respondent, and the Secretary.

  • Arbitration organization means an association, agency, board, commission, or other entity that is neutral and initiates, sponsors, or administers an arbitration proceeding or is involved in the appointment of an arbitrator.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Dispute Resolution Process means the process described in clause 9

  • Arbitration Notice has the meaning set forth in Section 9.13.