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Questions and Answers
What is the primary basis for arbitration?
What is the primary basis for arbitration?
Arbitration is generally more developed in Australia than in Singapore.
Arbitration is generally more developed in Australia than in Singapore.
False (B)
What type of arbitration allows a foreign investor to bring a claim against a country?
What type of arbitration allows a foreign investor to bring a claim against a country?
investor-state arbitration
The New York Convention, signed in 1958, is considered a foundational instrument of ______ arbitration.
The New York Convention, signed in 1958, is considered a foundational instrument of ______ arbitration.
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According to the content, which sector is NOT a common user of arbitration?
According to the content, which sector is NOT a common user of arbitration?
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A party can bring an arbitration claim against an entity even if it's not party to an arbitration agreement.
A party can bring an arbitration claim against an entity even if it's not party to an arbitration agreement.
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What important consideration, mentioned in the content, must be ensured by arbitrators when conducting the proceedings?
What important consideration, mentioned in the content, must be ensured by arbitrators when conducting the proceedings?
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Which of the following is NOT a typical characteristic of arbitration?
Which of the following is NOT a typical characteristic of arbitration?
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What was the primary reason Clime Palmer restructured into an Hong Kong company?
What was the primary reason Clime Palmer restructured into an Hong Kong company?
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In domestic arbitration, decisions in one state cannot be referred to for precedential value in another state.
In domestic arbitration, decisions in one state cannot be referred to for precedential value in another state.
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What is the main difference between institutional and ad hoc arbitration?
What is the main difference between institutional and ad hoc arbitration?
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The dispute between White Industries and Coal India was resolved entirely within Indian Courts.
The dispute between White Industries and Coal India was resolved entirely within Indian Courts.
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The International Arbitration Act 1974 (Cth) implements the NY Convention and the _______ Model Law.
The International Arbitration Act 1974 (Cth) implements the NY Convention and the _______ Model Law.
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What is the typical role of the court at the seat of arbitration?
What is the typical role of the court at the seat of arbitration?
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Who typically pays the registration fee at the beginning of an arbitration process?
Who typically pays the registration fee at the beginning of an arbitration process?
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In the case of Tethyan Copper Company, the country that cancelled their mining lease was ________.
In the case of Tethyan Copper Company, the country that cancelled their mining lease was ________.
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Match the following concepts with their descriptions:
Match the following concepts with their descriptions:
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All arbitration proceedings are kept strictly confidential, with no exceptions.
All arbitration proceedings are kept strictly confidential, with no exceptions.
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What was the outcome of the arbitration case between Tethyan Copper Company and the Islamic Republic of Pakistan?
What was the outcome of the arbitration case between Tethyan Copper Company and the Islamic Republic of Pakistan?
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What is the primary function of ACICA?
What is the primary function of ACICA?
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In order to ensure an arbitration award is enforceable, an exclusive jurisdiction clause must be included.
In order to ensure an arbitration award is enforceable, an exclusive jurisdiction clause must be included.
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What is a key issue that arose with the APR wind turbine leases?
What is a key issue that arose with the APR wind turbine leases?
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According to the content, what is one way to avoid issues with arbitration clauses?
According to the content, what is one way to avoid issues with arbitration clauses?
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If an arbitration agreement is deemed null and void, a court will still refer parties to arbitration.
If an arbitration agreement is deemed null and void, a court will still refer parties to arbitration.
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In the Robotunits v Mennel case, what did the parties agree the arbitration clause could potentially be rendered by a court?
In the Robotunits v Mennel case, what did the parties agree the arbitration clause could potentially be rendered by a court?
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According to the content, what is the typical first step to commence arbitration?
According to the content, what is the typical first step to commence arbitration?
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According to the content, a claimant can obtain a summary judgement in arbitration, like in court.
According to the content, a claimant can obtain a summary judgement in arbitration, like in court.
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According to the content, how many days do parties have to agree on an arbitrator once a dispute is filed with ACICA?
According to the content, how many days do parties have to agree on an arbitrator once a dispute is filed with ACICA?
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Which of the following must an arbitrator know before a case?
Which of the following must an arbitrator know before a case?
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Arbitrators typically write to parties to organize a case management conference after being appointed to a case
Arbitrators typically write to parties to organize a case management conference after being appointed to a case
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What type of pleadings are encouraged in arbitration?
What type of pleadings are encouraged in arbitration?
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Match the following reasons a court may refuse to enforce an arbitration award:
Match the following reasons a court may refuse to enforce an arbitration award:
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Both parties need to agree that a hearing should take place
Both parties need to agree that a hearing should take place
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Besides a reasonable opportunity to be heard, what else must an arbitrator provide to a self-represented party?
Besides a reasonable opportunity to be heard, what else must an arbitrator provide to a self-represented party?
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Flashcards
Arbitration
Arbitration
A legal process where parties agree to have their dispute resolved by a neutral third party, typically an expert in the relevant field.
Institutional Arbitration
Institutional Arbitration
A type of arbitration where an organization provides administrative support, such as setting rules and appointing arbitrators, but does not make the decision. They can provide arbitrators when the parties do not agree.
Ad Hoc Arbitration
Ad Hoc Arbitration
A type of arbitration where the parties manage the process without the assistance of an institution.
Investor-State Arbitration
Investor-State Arbitration
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Australian Commercial Arbitration Acts
Australian Commercial Arbitration Acts
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Australian Centre for International Commercial Arbitration
Australian Centre for International Commercial Arbitration
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What is arbitration?
What is arbitration?
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What is the New York Convention?
What is the New York Convention?
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What are some key benefits of arbitration?
What are some key benefits of arbitration?
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What is investor-state arbitration?
What is investor-state arbitration?
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What is the importance of the arbitration clause in a contract?
What is the importance of the arbitration clause in a contract?
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What is 'fractured dispute resolution'?
What is 'fractured dispute resolution'?
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What are some potential drawbacks of arbitration?
What are some potential drawbacks of arbitration?
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Arbitration Agreement
Arbitration Agreement
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Can parties commence court proceedings when there is an Arbitration Agreement?
Can parties commence court proceedings when there is an Arbitration Agreement?
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What happened in Robounits v Mennel [2015]?
What happened in Robounits v Mennel [2015]?
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Non-Existent Arbitration Organization
Non-Existent Arbitration Organization
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What does the seat of arbitration mean?
What does the seat of arbitration mean?
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Arbitration Procedure
Arbitration Procedure
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Arbitration Organizations
Arbitration Organizations
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Investor-State Dispute Settlement (ISDS)
Investor-State Dispute Settlement (ISDS)
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Arbitration Award Requirements
Arbitration Award Requirements
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Self-Represented Parties in Arbitration
Self-Represented Parties in Arbitration
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How can evidence be received in an arbitration?
How can evidence be received in an arbitration?
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What industries is arbitration common in?
What industries is arbitration common in?
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What is investor-state arbitration?
What is investor-state arbitration?
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What are the key features of arbitration?
What are the key features of arbitration?
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What obligation does the New York convention place on courts?
What obligation does the New York convention place on courts?
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How many states are not contracting states of the New York Convention?
How many states are not contracting states of the New York Convention?
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What is the New York Convention?
What is the New York Convention?
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What is one way that arbitration disputes might not be confidential in?
What is one way that arbitration disputes might not be confidential in?
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What international agreements does the International Arbitration Act 1974 integrate?
What international agreements does the International Arbitration Act 1974 integrate?
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Key elements of an arbitration clause
Key elements of an arbitration clause
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Study Notes
Arbitration
- Arbitration is a private process where a panel of arbitrators makes a binding decision on a dispute. It's typically based on an agreement between parties.
- Party autonomy (agreement) is key.
- Arbitration is more common in commercial contexts.
- Australia has seen slower development of arbitration compared to some other regions, like Singapore.
- A 2020 report highlighted Australian projects & contracts valued over $25 billion, with energy and resources, and construction projects as frequent users.
- Investor-state arbitration allows claims against foreign countries for breaching agreements.
Key Features of Arbitration
- Enforceable decisions.
- Confidentiality.
- Parties choose their own arbitrator.
- Neutral forum.
- Informal and flexible process (potentially more efficient).
Enforceability and Key Treaties
- The New York Convention (1958) is a crucial international treaty for enforcing arbitration awards.
- It's widely recognized and requires courts to recognize and enforce arbitration awards.
- Most countries (excluding 21) in the Americas and Europe are signatory states to the Convention.
- Australia's cases are enforceable in over 34 jurisdictions.
Other Considerations
- Costs can be a factor.
- Dispute resolution structure risks.
- Limited arbitrator powers and appeal rights.
- Only parties to the agreement can initiate arbitration.
Arbitration Procedure and Fairness
- Procedural fairness (equal opportunity for both parties) is crucial.
- Process pace and duration depend on involved parties.
- Confidentiality is common, though not always guaranteed.
- Arbitration awards are usually upheld by courts, unless specific grounds for appeal are present.
Australian Context
- Australian Arbitration Act 1974 implements international conventions (NY Convention, UNCITRAL Model Law, ICSID Convention).
- State and territory laws reflect this.
- Specialist arbitration lists operate within Federal and State Courts (e.g., QLD Commercial List).
- Australian organizations like ACICA (Australian Centre for International Commercial Arbitration) play crucial roles in managing and facilitating arbitration.
Types of Arbitration
- International arbitration involves parties from different countries.
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Description
This quiz covers the key aspects of arbitration, including its definition, significance in commercial disputes, and essential features such as enforceability and confidentiality. It also discusses the impact of international treaties like the New York Convention on arbitration processes.