An Appraisal Of The Uncitral Model Law On International Commercial Arbitration

Abdurahman Kane

Abstract
International commercial arbitration is an alternative method of resolving disputes arising out of commercial transactions between private parties across national borders that allows the parties to avoid litigation in national courts. This guide identifies the best tools for locating primary sources for international commercial arbitration research, including treaties, national legislation, arbitration rules, arbitral awards, and court decisions, Arbitration can be either “institutional” or “ ad hoc .” The terms of the contract will dictate the type of arbitration. If the parties have agreed to have an arbitral institution administer the dispute, it is an institutional arbitration. If the parties have set up their own rules for arbitration, it is an ad hoc arbitration. Ad hoc arbitrations are conducted independently by the parties, who are responsible for deciding on the forum, the number of arbitrators, the procedure that will be followed, and all other aspects of administering the arbitration.

Keywords: Uncitral, Model Law, International Commercial, Arbitration