Jurisdiction and Arbitration Clauses in Maritime Transport Documents
Author | : Felix Sparka |
Publisher | : Springer Science & Business Media |
Total Pages | : 294 |
Release | : 2010-01-11 |
ISBN-10 | : 9783642102226 |
ISBN-13 | : 3642102220 |
Rating | : 4/5 (26 Downloads) |
Book excerpt: Jurisdiction and arbitration clauses are two different mechanisms that help to ensure impartiality and predictability in international dispute resolution. Despite their benefits, these clauses can be inconvenient for parties that are forced to litigate before distant fora. Moreover, particular problems arise in the context of maritime transport documents. Based on a broad comparative approach, this study seeks to explain the existing rules within their legal context and to develop a coherent system for such clauses, which takes into account the underlying interests as well as economic theory. While offering detailed answers to most issues surrounding jurisdiction and arbitration clauses in maritime transport documents, the book confronts the fundamental question of the limits of freedom of contract in an international setting.