202. Institutional vs. Ad Hoc Arbitration: Why Your Contract Needs Details
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202. Institutional vs. Ad Hoc Arbitration: Why Your Contract Needs Details
This video explains the crucial importance of specifying the type of arbitration in your contracts. It highlights the two main approaches: Institutional Arbitration: This type is run under established rules by a recognised arbitral body like the LCIA, ICC, or SIAC. It offers built-in administration and oversight. Ad Hoc Arbitration: In this ...
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