Arbitration agreement Definition

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What does Arbitration agreement mean?

An arbitration agreement is a bilateral contract between the parties to the main contract, appointing an arbitrator who becomes a third party to the arbitration agreement.

The arbitration agreement is a bilateral contract, which becomes a trilateral agreement with the appointment of the arbitrator, (Sir Nicholas Browne Wilkinson V-C [1991] 3 All ER 211 at 228, [1992] QB 863 at 885, citing Cie Europeene de Cereales SA v Tradax Export SA [1986] 2 Lloyd's Rep 301). Under that trilateral contract, the arbitrator undertakes his quasi-judicial functions in consideration of the parties agreeing to pay him remuneration. By accepting appointment, the arbitrator assumes the status of a quasi-judicial adjudicator, together with all the duties and disabilities inherent in that status.

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An arbitration agreement is a bilateral contract between the parties to the main contract, appointing an arbitrator who becomes a third party to the arbitration agreement.

The arbitration agreement is a bilateral contract, which becomes a trilateral agreement with the appointment of the arbitrator, (Sir Nicholas Browne Wilkinson V-C [1991] 3 All ER 211 at 228,

View the related checklists about Arbitration agreement

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Vienna International Arbitral Centre (VIAC) model arbitration clause

The Vienna International Arbitral Centre (VIAC) model arbitration clause is as follows: ‘All disputes or claims arising out of or in connection with this contract, including disputes relating to its validity, breach, termination or

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Dive into our 63 Precedents related to Arbitration agreement

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If a defendant considers that a claim has been brought after the expiry of a limitation period, what (if any) impact does this have on a defendant’s approach to the acknowledgment of service and disputing the court’s jurisdiction?

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India—Delhi High Court rules on appointment of arbitrator by a High Court in an international commercial arbitration (Hala Kamel Zabal v Arya Trading Ltd and others)

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