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A court can exercise in rem jurisdiction over any real or personal property within its territorial jurisdiction. For example, when the plaintiff filed an action to exercise a mechanic's lien in Publix Super Markets, Inc.
Sample 1 - Employment Contract: The parties to any such arbitration shall be limited to the parties to this Agreement or any successor thereof. The written decision of the arbitrator shall be final and binding and may be entered and enforced in any court of competent jurisdiction.
In rem. adj. from Latin "against or about a thing," referring to a lawsuit or other legal action directed toward property, rather than toward a particular person.
?Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or invalidity thereof, shall be settled by arbitration in ance with the UNCITRAL Arbitration Rules as at present in force.?
A respondent responds to an arbitration claim by filing an answer that specifies the relevant facts and available defenses to the statement of claim. Arbitrator selection is the process in which the parties receive lists of potential arbitrators and select the panel to hear their case.