Institutional arbitration

Cross-border disputes are now most often settled by international arbitration. Parties once had to draft their own procedures for each case, known as ad hoc arbitration, but that approach has largely given way to institutional arbitration. Under this model, a specialised body with a standing administration supplies support and a body of tested rules.

Because each arbitral institution offers different services and rules, choosing among them can be difficult. This book is written for prospective parties and their legal advisers who need to understand those differences. It works through each provision of fourteen sets of rules, from the American Arbitration Association, CIEDAC, the Dubai International Arbitration Centre, the German Institution of Arbitration, the ICC International Court of Arbitration and ICSID to the KLRCA, the LCIA, the Moscow International Commercial Arbitration Court, the Stockholm Chamber of Commerce, SIAC, the Swiss Rules, the UNCITRAL Rules and the Vienna Rules.