International Arbitration
/ɪn.tərˈnæʃ.ə.nəl ˌɑːr.bɪˈtreɪ.ʃən/
Definitions
- (n.) A method of resolving disputes between parties from different countries through private arbitration, rather than through court litigation, often governed by international treaties or arbitration rules.
The companies agreed to settle their contract dispute by international arbitration rather than going to court.
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Commentary
International arbitration is preferred for cross-border disputes to avoid national courts and allow enforcement of awards under international conventions like the New York Convention.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.