Karim A. Youssef, CEO of Youssef & Partners (Youssef + Partners), has published an article in the Journal of Arab Arbitration titled “The Assignment and Transmission of the Arbitration Clause: An Overview of Major Trends in Comparative Law, with Special Reference to Arbitration Clauses in Bills of Lading.”
FAQS
What is comparative law?
Comparative law is the study of differences and similarities between the laws of different countries.
Why is comparative law important?
It helps understand diverse legal systems, fosters international cooperation, and improves national legal reforms.
Why include an arbitration clause in a contract?
It ensures a private, faster, and potentially less expensive dispute resolution process.
What are the benefits of arbitration over litigation?
Confidentiality, expertise of arbitrators, flexibility, and finality of decisions.
What are the limitations of arbitration clauses?
Limited grounds for appeal, potential costs, and sometimes less procedural protection compared to courts.
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