A Recent Latin -American Example of the Increasing Recurrence of Multiple Proceedings in International Arbitration
In Scherk v. Alberto-Culver Co, the US Supreme Court stated that “[a] contractual provision specifying in advance the forum in which disputes shall be litigated and the law to be applied is an almost indispensable precondition to achievement of the orderliness and predictability essential to any international business transaction.” While this statement holds almost invariably…