Intl Law Settlement Disputes

Intl Law Settlement Disputes - Methods Nonjudicial War...

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Settlement Disputes of Int’l Law Any disputes nations have has to be settled peacefully Force will be used as a last resort Methods// Non-judicial  War Mediation o Two parties with a conflict will ask 3 rd  party to be  involved in mediating the dispute. o 3 rd  party is very involved in bridging the gap o ex// US and IRAN  hostage crisis (ALGERIA) was  mediator o int’l political issues, wars, etc Conciliation o Conciliator is not actively involved o Will listen to the grievances on both sides and give a  report of how they think the dispute should be settled o Often used by MNCs that have disputes between each  other Both lawyers will present their case to conciliator  “in light of the two presentations…” Arbitration o This is what many countries use o Money, transactions o 98% of int’l transaction disputes are solved through  arbitration
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Settlement Disputes of Int’l Law o low costs compared to going to court o quick, once decision is made, parties are bound, no  appeal once judgment/award is made, parties have to  oblige >>Settlement Dispute Contract mapped out from the beginning // before dispute contract is your safety ex using arbitration 1. Selection of Arbitrators i. There is a list of arbitrators ex/ ppl in textile  industry, energy, etc *depends on case 2. Choice of a Forum 3. Choice of Law i.
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