The Role of Arbitration in International Commercial Disputes February 24, 2025 By possingeradmin International commercial arbitration has become the preferred method for resolving cross-border business disputes, offering businesses a neutral and enforceable way to settle disputes across jurisdictions. As globalization continues to increase the number of cross-border transactions, understanding how arbitration works in this context is critical for companies engaged in international trade. Why Arbitration is Preferred in International Disputes International arbitration is often chosen over litigation for several key reasons, one of the most important being neutrality. In cross-border disputes, parties may...
The Impact of Mandatory Arbitration Clauses in Commercial Agreements February 21, 2025 By possingeradmin Mandatory arbitration clauses are a common feature of both modern commercial and consumer agreements, requiring that disputes be resolved through arbitration rather than litigation. While these clauses are often portrayed as a means of avoiding the delays and costs associated with the courts, they have generated significant debate regarding fairness, particularly when one party has a stronger bargaining position. This article explores the implications of mandatory arbitration in the commercial context and discusses recent efforts to regulate its use. Why...
The Rise of Arbitration in Commercial Contracts: Pros and Cons February 18, 2025 By possingeradmin Arbitration has become an increasingly popular method of dispute resolution in commercial contracts, often included as a standard clause in agreements between businesses. Companies across industries, from construction to finance, have turned to arbitration to avoid the costs, delays, and unpredictability of litigation. However, while arbitration offers significant benefits, it also carries potential downsides that can impact both parties. The Benefits of Arbitration for Commercial Disputes One of the key reasons businesses choose arbitration is its efficiency. Unlike litigation, which...
How Recent U.S. Tariffs Impact Your Cross-Border Contracts: Key Clauses to Review February 3, 2025 By possingeradmin On Saturday, February 1, 2025, President Trump imposed significant tariffs on Canada, Mexico, and China, which go into effect on February 4, 2025, at 12:01 AM. In response there has been concern from a number of clients, partners and colleagues about the practical effects of the tariffs on the economy between the U.S.’s largest trading partners and the related business relationships with companies doing business with these countries. Pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701, et...
What Jeffrey’s Been Reading: Tyranny, Inc. December 30, 2024 By Jeffrey Possinger At the beginning of this year, I started reading Tyranny, Inc. by Sohrab Ahmari, where he offers a compelling critique of modern corporatism, particularly the way corporate power has become deeply entrenched in our daily lives.