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For many parties to international contracts, arbitration has proven to be an effective means of dispute resolution. Too many of these agreements, however, still founder on the rock of a defective dispute resolution clause. This text shows practitioners how to avoid this common obstacle by drafting comprehensive contract provisions at the outset.;With this updated edition, lawyers and business people will negotiate contracts that ensure a clear-cut resolution of any dispute likely to arise.
Taking into account the many significant developments in the law and practice of international arbitration that have occurred during the years since the first edition, it offers: contract-drafting advice derived from the authors' wide practical experience; model clauses that ensure the effectiveness of dispute resolution provisions, and avoid their pitfalls; and important reference materials.