“Any dispute arising out of or incidental or in connection with this Contract / Agreement, including any question regarding its existence, operation, termination, validity or breach thereof, shall be referred to and finally resolved by Arbitration administered by 'Hyderabad Arbitration Centre' (HAC), in ance with ...
In general, a Request for Arbitration or a Notice of Arbitration must contain the names of each of the parties, the names of the parties' representatives, a description of the dispute giving rise to claims, a statement of the relief sought, a description of the agreement containing the arbitration clause, the choice of ...
The Scope of the Clause. This section of the clause is critical; it sets the boundaries for which disputes the tribunal is authorised to determine. Choice of Rules. The Number of Arbitrators. Appointing Authority. Choice of Venue. The language of the proceedings. Finality. Exclusion of the right of appeal.
LCCP 2 We, the undersigned parties, hereby agree to submit to arbitration administered by the American Arbitration Association under its applicable Procedures for Large, Complex Commercial Disputes the following controversy describe briefly. Judgment of any court having jurisdiction may be entered on the award.
"A dispute having arisen between the parties concerning , the parties hereby agree that the dispute shall be referred to and finally resolved by arbitration under the LCIA Rules. The number of arbitrators shall be one/three. The seat, or legal place, of arbitration shall be City and/or Country.
The first example is a wrongful termination claim. Wrongful terminations are claims against an employer where a former employee feels that they were not fired or terminated correctly for one reason or another.
Drafting the “perfect” arbitration agreement Clear and precise language. Clarity and brevity are key to avoiding an unenforceable arbitration clause and the costs and delays that follow. Scope. Seat of arbitration. Governing law. Arbitral Rules. Language. Arbitrators. Other common issues.
The Scope of the Clause. This section of the clause is critical; it sets the boundaries for which disputes the tribunal is authorised to determine. Choice of Rules. The Number of Arbitrators. Appointing Authority. Choice of Venue. The language of the proceedings. Finality. Exclusion of the right of appeal.
By agreeing to arbitrate, you give up certain rights while also gaining some benefits. For that reason, it's vital to understand the pros and cons ahead of time so that you can make an informed decision when you're asked to sign. Arbitration is a way of resolving a dispute without filing a lawsuit and going to court.
An employment arbitration agreement typically asks employees to agree that any disputes will be resolved through arbitration. It can be a standalone document, but it's most often part of a broader employment contract.