Virgin Islands Arbitration

State:
Multi-State
Control #:
US-OG-694
Format:
Word; 
Rich Text
Instant download

Description

This Agreement is to insure that no dispute or controversy directly or indirectly concerning any matter relating to this Operating Agreement shall become the subject of court action, but that any dispute or controversy shall be presented to an Arbitration Panel, except as specifically set forth in this provision. The decision of the panel shall be final and binding as to all Parties and their privies without the right of appeal.

How to fill out Arbitration?

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FAQ

Entry into force Afghanistan. (a), (c) 30/11/2004(*) 28/02/2005. Albania. 27/06/2001(*) 25/09/2001. Algeria. (a), (c) 07/02/1989(*) 08/05/1989. Andorra. (a) 19/06/2015(*) 17/09/2015. Angola. 06/03/2017(*) 04/06/2017. Antigua and Barbuda. (a), (c) 02/02/1989(*) 03/05/1989. Argentina. (a), (c) 26/08/1958. ... Armenia. (a), (c) 29/12/1997(*)

BVI acceded to the 1958 New York Convention on and the Act together with the Eastern Caribbean Supreme Court Civil Procedure Rules 2000 (the EC CPR) ensure a smooth process for getting awards recognised and enforced in the territory.

BVI's arbitration laws are impartial, efficient and designed with modern international arbitration in mind and afford parties a speedy dispute resolution mechanism that is enforceable.

The New York Convention is one of the international treaties that can be enforced directly in China. This means that, even though the provisions of the New York Convention are not transferred into national law,6 they can still be invoked in court decisions.

First, there are still around fifty states that are not party to the New York Convention, including Angola, Iraq, Libya and Tajikistan (see below for a full list). When seeking to enforce an award in such a state, other means will be required instead of or in addition to the New York Convention.

Bahrain acceded to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards on 6 April 1988 pursuant to Decree-Law No.

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Virgin Islands Arbitration