Wolters Kluwer: International Arbitration & Mediation’s Post

Chiann Bao, Queenie Lau and Natalie So provide a revised and updated version of their Practical Insights topic on the law applicable to arbitration agreements.   Determining the law applicable to arbitration agreements involves crucial considerations. It is essential to choose the law governing the agreement, which addresses issues of existence, validity, legality and interpretation.   Different jurisdictions use different approaches, including implied choice, closest connection, law of the seat, law of the underlying contract, pro-validation principles and recourse to international/transnational law. Inconsistencies can arise at different stages of the process, highlighting the need for parties to explicitly state the applicable law to avoid uncertainty.   The choice of law may establish preconditions and rules of interpretation that affect the validity of the agreement. Although arbitration agreements are distinct from the underlying contracts, parties rarely expressly choose the governing law.   💡 Find out more at https://lnkd.in/eFXxJRR6! Practical Insights in #arbitration are available for subscribers. Not yet a subscriber? Request your free trial and find out more about Chiann, Queenie and Natalie’s analysis and other valuable insights and tools for your daily work: https://lnkd.in/eJmJGaek   🤝 Special thanks to the Practical Insights' General Editors, Dr. Fan YangKiran Nasir GoreSimon Greenberg, and Joshua Karton, for their contributions.

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