Singapore International Arbitration Centre (SIAC)

Июль 21, 2022

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Singapore International Arbitration Centre (SIAC)

Содержание

3. The driving force of commerce is a business activity or enterprise that sufficiently developed throughout the
4. Singapore International Arbitration Center - an independent, nonprofit organization founded in 1991.
5. As a rule, the Singapore International Arbitration examines commercial disputes as well as disputes with the
6. The SIAC is also responsible consideration of disputes in cases where the arbitration clause does not
7. The proceedings in the court of arbitration is somewhat less formal process than a hearing in
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The driving force of commerce is a business activity or enterprise

that sufficiently developed throughout the world. Disputes arising in the course of this activity, the court decides. This topic is relevant both for today and for all of us cause we are law students.

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Singapore International Arbitration Center - an independent, nonprofit organization founded in

1991.

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As a rule, the Singapore International Arbitration examines commercial disputes as

well as disputes with the construction industry, shipping, trade and insurance.

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The SIAC is also responsible consideration of disputes in cases where

the arbitration clause does not provide for the right choice of Singapore or Singapore does not indicate as the place of the hearing. The arbitration proceedings are not necessarily carried out in the territory of Singapore.

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The proceedings in the court of arbitration is somewhat less formal

process than a hearing in state court. The arbitration proceedings are conducted in a closed mold, allowing you to observe a high level of confidentiality, and this is one of the main advantages of the transfer of international commercial dispute to an arbitral tribunal.