Special Report on
Arbitration Clause in Contracts
Arbitration Clause in Contracts - Trends
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Your client, a large widget manufacturer, comes to you with a commercial dispute with one of its main suppliers of raw materials. Upon review of the governing contract, you notice that it contains a procedure compelling arbitration for any dispute that arises under its terms. You also notice, however, that the contract expired four years ago. When you ask the client about this fact, he confirms that the contract technically expired then, but says that the two companies “just kept doing business together like we always had under the contract.” Because the parties continued to behave as if the ...
The Federation of Malaysian Manufacturers and the Singapore Manufacturers' Federation are jointly organising a trade and investment mission to Vietnam and Cambodia in May. It is heartening to see the private sectors of the two countries cooperating meaningfully and setting the pace for their politicians. The hard-nosed private sectors of the two countries see opportunities in both countries. In Cambodia, the private sector, according to reports, is looking at "investment in infrastructure development, agro-business, light and medium industries, tourism-related activities, ... Read More
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