The driving force of commerce is a business activity or enterprise that sufficiently developed throughout the world. Disputes arising in the course of this activity, the court decides. This topic is relevant both for today and
Слайд 3
The driving force of commerce is a business
activity or enterprise that sufficiently developed throughout the world.
Disputes arising in the course of this activity, the court decides. This topic is relevant both for today and for all of us cause we are law students.
Слайд 4
Singapore International Arbitration Center - an independent, nonprofit
organization founded in 1991.
Слайд 5
As a rule, the Singapore International Arbitration examines
commercial disputes as well as disputes with the construction
industry, shipping, trade and insurance.
Слайд 6
The SIAC is also responsible consideration of disputes
in cases where the arbitration clause does not provide
for the right choice of Singapore or Singapore does not indicate as the place of the hearing. The arbitration proceedings are not necessarily carried out in the territory of Singapore.
Слайд 7
The proceedings in the court of arbitration is
somewhat less formal process than a hearing in state
court. The arbitration proceedings are conducted in a closed mold, allowing you to observe a high level of confidentiality, and this is one of the main advantages of the transfer of international commercial dispute to an arbitral tribunal.