Multi-Party Arbitrations
Derecho Internacional Mondaq - Hong Kong Law Articles in English (2008)
Mr Justyn Jagger - Herbert Smith
Extract
Multi-Party Arbitrations
International trade and projects often involve a host of parties joined by a chain or network of separate contracts. When a dispute emerges at one point in this matrix of contractual arrangements, it can often give rise to legal actions under other related contracts. The costs of duplication and the risk of inconsistent decisions will inevitably grow if these actions procee...
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