Law and Practice of International Commercial Arbitration

Since the first edition in 1986, Law and Practice of International Commercial Arbitration has established itself as one of the leading texts in its field. This third edition documents changes and offers guidance to parties, practitioners and arbitrators alike. It provides a comprehensive review of the process of international commercial arbitration from beginning to end - from the drafting of the arbitration agreement to the enforcement of the arbitral tribunal's award. The authors demonstrate how the flexibility of international commercial arbitration can be used efficiently and how such arbitrations should be conducted in order to be cost effective. They advise on suitable places of arbitration, review developments in international trade law, and analyse the achievements and opportunities of the UNCITRAL Model Law. * Contains a comprehensive review of the process from start to finish * Describes the role of the main international arbitral institutions * Includes detailed commentary on institutional and international rules of arbitration, as well as ad hoc arbitration * Contains extensive appendices which include the text of arbitration agreements, international rules of arbitration, ad hoc arbitration rules, and other materials