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This new Restatement from the American Law Institute spans a broad range of legal issues arising in the American law of international commercial arbitration. A comprehensive project, its scope includes arbitration agreements, the judicial role in the U.S. and abroad, enforcement and preclusive effect of international arbitral awards rendered in the U.S. and abroad, and ICSID Convention arbitration.
Arbitration plays a very significant role in the resolution of international commercial disputes, offering a well-established and important alternative to the resolution of those disputes in the courts. This publication restates the U.S. law of international commercial and investor–State arbitration and covers, among other topics, arbitration agreements; conduct of and the judicial role in international arbitral proceedings in the United States; awards; recourse from and enforcement of international arbitral awards rendered in the United States; the judicial role in international arbitral proceedings abroad; enforcement of international arbitral awards rendered abroad; the preclusive effect of international arbitral awards; and ICSID Convention arbitration.