The Principles And Practice Of International Co... -
An arbitral tribunal has the legal authority to rule on its own jurisdiction. If a party claims the arbitrators have no power to hear the case, the arbitrators themselves—not a court—usually decide that question first.
Practitioners and companies prefer ICA over national litigation for several strategic reasons: The Principles and Practice of International Co...
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: An arbitral tribunal has the legal authority to