05-26-2021, 07:13 PM
Three types of Arbitration Agreement
1. Arbitration Clause
Many commercial agreements now have an arbitration clause embedded within them. The clause regulates the method of resolving any possible future disputes. Usually, these are standard clauses provided by the institution which the parties have agreed to use to administer the future dispute...
2. Submission Agreements / Arbitration Deeds
We noted that arbitration clauses are made before any dispute arises. Submission agreements, however, are agreements to arbitrate made after the dispute has arisen...
Click for the full article: https://www.tamimi.com/law-update-articles/know-your-type-three-types-of-arbitration-agreements-in-a-nutshell/
1. Arbitration Clause
Many commercial agreements now have an arbitration clause embedded within them. The clause regulates the method of resolving any possible future disputes. Usually, these are standard clauses provided by the institution which the parties have agreed to use to administer the future dispute...
2. Submission Agreements / Arbitration Deeds
We noted that arbitration clauses are made before any dispute arises. Submission agreements, however, are agreements to arbitrate made after the dispute has arisen...
Click for the full article: https://www.tamimi.com/law-update-articles/know-your-type-three-types-of-arbitration-agreements-in-a-nutshell/