GOVERNING LAW, COURT OR ARBITRATION JURISDICTION IN INTERNATIONAL AGREEMENTS

When drafting a contract with foreign elements, it is important to make a good choice of law that governs the interpretation of the contract, questions of contract performance, duration of the contract, or e.g. termination of the contract and consequences thereof. When drafting the contract it is also important to define the forum in case of a dispute – regular court or court of arbitration. This course gives you an opportunity to understand different formulations of the contract dealing with these issues, and to make the most of this knowledge when entering into negotiations/concluding such a contract contracts.

Arbitration as a manner of dispute resolution

• types of arbitration
• arbitration clause (drafting and interpretation)
• advantages/disadvantages in relation to dispute resolution by courts
• legal framework of arbitration
• characteristics of arbitration proceedings
• legal effect of arbitration award
• recognition and enforcement of arbitration award
• examples and drafting arbitration clause for jurisdiction of domestic or international courts of arbitration
• governing law in international agreements

Speakers:

• Tijana Lalić
• Ana Čalić Turudija