United States and the Soviet Union as a neutral centre for the resolution of East West trade disputes. Also China recognized the SCC as a forum for resolving international disputes around the same time. Stockholm, chamber of Commerce, unless one of the parties objects. The seat of arbitration shall. Today, the SCC is the worlds second largest institution for investment disputes.
The Board, the SCC Board is composed of one chairperson, two or three vice chairpersons and a maximum of 12 additional members. Sector: Consumer Discretionary, industry: Commercial Services, sub-Industry: Professional Services. The Arbitral Tribunal shall be composed of a sole arbitrator where the amount in dispute exceeds EUR 100,000 but not EUR 1,000,000. SCC Secretary General Annette Magnussons will speak about "The Development of International Law in a New Era". Rules for Expedited Arbitrations, any dispute, controversy or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall be finally settled by arbitration in accordance with the Rules for Expedited Arbitrations of the Arbitration Institute of the. The high number of international cases - nearly 50 - clearly evidence the strong position of the SCC as a preferred venue for dispute resolution among the international business community. Recommended additions: The arbitral tribunal shall be composed of three arbitrators/a sole arbitrator.
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