The Principles And Practice Of International Co... May 2026

This is the "engine" of ICA. It is a treaty signed by over 170 countries that requires national courts to recognize arbitration agreements and, most importantly, enforce foreign arbitral awards as if they were local court judgments. 2. The Practical Process

Instead of rigid rules of civil procedure, the tribunal issues "Procedural Order No. 1," which sets the timetable for briefs, document production (discovery), and witness statements. The Principles and Practice of International Co...

This is the "golden rule" of arbitration. Unlike litigation, where rules are imposed by the state, parties in arbitration can choose the language, the seat (legal location), the applicable law, and the specific individuals who will judge their case. This is the "engine" of ICA

It avoids the "home-court advantage." A French company and a Japanese company might agree to arbitrate in Switzerland to ensure a level playing field. The Practical Process Instead of rigid rules of