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Law on International Commercial Arbitration
Law applies to international commercial arbitration, if the place of arbitration is in the territory of Ukraine (and on individual issues and to arbitration, which is located abroad). International commercial arbitration is any arbitral tribunal (the sole arbitrator or panel of arbitrators). It makes no difference, it is a permanent body or a specially created for a particular dispute.
Such arbitration may consider disputes arising from all relationships of a commercial nature.
These relationships, in particular, may be:
- Any trade agreement for the supply of goods or services, the exchange of goods or services, the distribution agreement, commercial representation;
- Factoring;
- Leasing;
- Engineering;
- Construction of industrial facilities;
- Provision of advisory services;
- Sale of licenses;
- Investments;
- Financing;
- Banking;
- Insurance;
- Exploitation agreement or concession;
- Joint ventures and other forms of industrial or business cooperation;
- Transportation of goods and passengers by air, sea, rail and road routes, as well as
- Other trade relations (commercial). <a href="">Arbitration Ukraine </a> agreement arbitration agreement - the only reason to consider the dispute in a commercial arbitration. The agreement of the parties to submit to arbitration all or certain disputes which have arisen or may arise between them. An arbitration agreement may be in the form of a special item in the contract or in the form of a separate agreement must be in writing.
If during the arbitration of the party appeals to the national court to intervene, then such actions are incompatible with an arbitration agreement. That is, to satisfy such a request by the court may at first find, on what grounds can not take into account the existence of an arbitration agreement. Click here[url=http://site.com]SITE" target="_blank" >Click here
author Sam
08:57 08/02/10 Comments:
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