BUSINESS LAW (İŞLETME HUKUKU) - (İNGİLİZCE) Dersi Mediation and International Commercial Arbitration soru detayı:

PAYLAŞ:

SORU:

What are the significant legal consequences of the choice of the place of arbitration?


CEVAP:

The choice of the place of arbitration has significant legal consequences. - It influences which law governs the arbitration procedure. Unless otherwise agreed upon by the parties, the legal provisions on arbitration of the place of arbitration are applied. - It determines which courts can exercise supervisory and supportive powers in relation to the arbitration. - It determines the competence and the procedure before the national courts to rule upon applications to set aside any arbitral award.