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Examining the Role of the Arbitrator in the Settlement of Contractual Disputes

Journal: International Journal of Nations Research (Vol.7, No. 77)

Publication Date:

Authors : ;

Page : 131-148

Keywords : Arbitration; International Law; Disputes; Contract;

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Abstract

In the past, they tried to resolve disputes by referring to different judicial systems, but nowadays, more or less, instead of referring to the judicial system, other dispute resolution methods, especially conventional arbitration, have been resorted to. Therefore, the role of the arbitrator in resolving disputes, especially contractual disputes, has been in the spotlight. The present article aims to "investigate the role of the arbitrator in the settlement of contractual disputes", therefore, after expanding the conceptual space of the subject, it tries to investigate the importance and position of arbitration in contracts as well as the international system by using the descriptive-analytical research method. Next, the question arises: What are the reasons for the importance of the arbitrator's role in resolving contractual disputes? The findings show that arbitration in international trade contracts in the era of economic and legal globalization, as a valid and original tool to resolve disputes arising from these contracts in particular and from international trade in general, the validity of this is due to the specialization of the issues. Business and the feeling that commercial issues will be dealt with more appropriately in arbitration courts are among the reasons for choosing and accepting arbitration clauses in contracts.

Last modified: 2022-09-01 18:11:15