Chapter 1: Comparing the Federal Arbitration Act and the UNCITRAL Model Law on International Commercial Arbitration
Document Type
Book Chapter
Publication Date
2017
Editor(s)
aurence Shore, Tai-Heng Cheng, Jenelle E. La Chiusa, Lawrence Schaner, Mara V. J. Senn, and Liang-Ying Tan
ISBN
9789041150165
Publisher
Kluwer Law International
Language
en-US
Abstract
The United States (U.S.) Federal Arbitration Act (the “FAA”) and the United Nations Commission on International Trade Law (UNCITRAL) Model Law on International Commercial Arbitration (the “Model Law”) are two of the main sources of legislative guidance on international arbitration procedure and the enforcement of arbitral awards in the U.S. (1) State arbitration statutes represent a third category of arbitration legislation that may apply to international commercial arbitrations seated or enforced in the U.S. (2) Chapter 2 addresses the interaction between the FAA and state arbitration statutes. The FAA always applies and the UNCITRAL Model Law may apply to arbitrations seated in the U.S., depending on the location of the seat of arbitration or the place of enforcement of the arbitral award. This chapter compares the key elements of the FAA and the Model Law.
Recommended Citation
Victoria Sahani,
Chapter 1: Comparing the Federal Arbitration Act and the UNCITRAL Model Law on International Commercial Arbitration
,
in
International Arbitration in the United States
15
(aurence Shore, Tai-Heng Cheng, Jenelle E. La Chiusa, Lawrence Schaner, Mara V. J. Senn, and Liang-Ying Tan ed.,
2017).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/3653
Comments
About this book:
International Arbitration in the United States is a comprehensive analysis of international arbitration law and practice in the United States (U.S.). Choosing an arbitration seat in the U.S. is a common choice among parties to international commercial agreements or treaties. However, the complexities of arbitrating in a federal system, and the continuing development of U.S. arbitration law and practice, can be daunting to even experienced arbitrators. This book, the first of its kind, provides parties opting for “private justice” with vital judicial reassurance on U.S. courts’ highly supportive posture in enforcing awards and its pronounced reluctance to intervene in the arbitral process.
What’s in this book:
With a nationwide treatment describing both the default forum under federal arbitration law and the array of options to which parties may agree in state courts under state international arbitration statutes, this book covers aspects of U.S. arbitration law and practice as the following:
There are also chapters on arbitration in specialized areas such as class actions, securities, construction, insurance, and intellectual property.
How this will help you:
As a topical reach that gives a wide perspective on the practice of international arbitration in the U.S., this book helps practitioners to conduct and navigate an international arbitration in the U.S. confidently. The in-depth discussion of law of international arbitration, including legal framework applicable in the U.S. in each stage of arbitration, from drafting of arbitration agreements to enforcement of arbitration awards, has not been attempted by any other publication. This book, thus, serves as an invaluable resource to both U.S. and non-U.S. lawyers for conducting arbitration on U.S.