Arbitration has become the preferred method of settling disputes in international business transactions, due to the fact that neither party is typically prepared to submit to the jurisdiction of the courts of the other party. It is also explained by the fact that commercial arbitration is a speedy, smooth, and relatively inexpensive way of resolving disputes. The course will cover basic aspects of international commercial arbitration, including choice of law, the selection of arbitrators and their role, the proceedings before the arbitrators, and enforcement and challenge of arbitral awards. We focus on the UNCITRAL Model Law on International Commercial Arbitration and the UNCITRAL Arbitration Rules as well as the United Nations Convention on Contracts for the International Sale of Goods (CISG). This course will prepare a team for participation in an International Arbitration Competition in Hong Kong.
