The Principles And Practice Of International Co... ✪
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.
International Commercial Arbitration (ICA) is a private system of justice that bypasses national courts in favor of neutral, expert panels. 1. The Core Principles The entire system rests on a few foundational pillars: The Principles and Practice of International Co...
Practitioners and companies prefer ICA over national litigation for several strategic reasons: It avoids the "home-court advantage