Arbitration in the building industry in the Netherlands

From: Dispute Resolution Journal | Date: May 1, 1999| Author: | Copyright information

In the words of the U.S. Supreme Court, arbitration is "an agreement to arbitrate before a specified tribunal, in effect, a specialized kind of forum-selection clause that posits not only the situs of suit but also the procedure to be used in resolving the dispute."' But this is not the only definition of arbitration. There are many other definitions of this subject.2

The use of arbitration in trade and business has expanded substantially and has become the norm for resolving commercial disputes. There are a number of reasons for this. First, the enormous increase in world trade since the ...

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