2.2.4. Institutional Arbitration

Try these first

1. 1.

   Define Institutional Arbitration.

   Hint

   What type of organization manages this arbitration?

2. 2.

   What does an arbitral award signify?

   Hint

   Think about the outcome of an arbitration process.

3. 3.

   What is Institutional Arbitration?

   • A type of litigation
   • An agency-managed dispute resolution process
   • A personal negotiation method

   Hint

   Think about regulation and management.

4. 4.

   True or False: Institutional arbitration guarantees that the same arbitrators will preside over all cases.

   • True
   • False

   Hint

   Consider how arbitrators are chosen.

5. 5.

   Discuss the impact of the New York Convention on international commercial arbitration and how it affects the decision-making of parties considering international contracts.

   Hint

   Consider how awards recognized in multiple countries could aid international commerce.

6. 6.

   Critique the role of arbitration institutions in influencing outcomes in complex commercial disputes. Consider potential biases or advantages.

   Hint

   Think about the neutrality of institutions and how they can vary.