Arbitration has become the dispute resolution method of choice in international transactions. This book provides the reader with immediate access to understanding the world of international arbitration, explaining how and why arbitration works. It provides the legal and regulatory framework for international arbitration, as well as practical strategies to follow and pitfalls to avoid. It is short and readable, but comprehensive in its coverage of the basic requirements, including the most recent changes in arbitration laws, rules, and guidelines. The third edition includes new sections on state to state arbitration, the role and power of the arbitrator, reform efforts in international investment treaties, transparency in international arbitration and third party funding. In the book, the author includes insights from numerous international arbitrators and counsel, who tell firsthand about their own experiences of arbitration and their views of best practices. Throughout the book, the principles of arbitration are supported and explained by the practice, providing a concrete approach to an important means of resolving disputes.
Review of previous edition: ''This book is the best up-to-date introduction to international commercial arbitration, including investment arbitration, that is available … Another engaging feature of Professor Moses''s book is that it is clearly and attractively written and describes the problems of arbitration in a concrete and realistic way, taking account of real life practice. It is unusual to find a work by a law professor which is both a sound work of scholarship and which an arbitration practitioner finds accurately describes the real world in which he is working. In conclusion, this is an excellent current introduction to international commercial arbitration which will be invaluable both to students and to general practitioners seeking an understanding of international commercial arbitration.'' Christopher R. Seppälä, Partner, White Case LLP, Paris
Review of previous edition: ''If anyone ever needs a crash course on international commercial arbitration, this book will come in handy. It provides an overview of the arbitration process, from drafting an arbitration agreement to enforcement of an award. This book has the added benefit of providing insights of international arbitrators who were interviewed by the author … [Moses] introduces the world of international commercial arbitration to legal practitioners, their clients, and students in the field … comprehensive and yet concise, a combination that serves readers well.'' Cindy Fazzi, Dispute Resolution Journal
Review of previous edition: ''Margaret L. Moses provides the reader with a comprehensive overview of what practitioners should know when working on an international commercial arbitration case. Moses covers a broad range of subjects from the drafting of the arbitration agreement to the enforcement of the award. The text is one of the few short books which cover the entire arbitral process from an international and comparative perspective.'' Mailys Abos, International Law and Politics
Review of previous edition: ''The Principles and Practice of International Commercial Arbitration is a comprehensive and up-to-date overview which is ideal for an introductory law school course or for a lawyer unacquainted with international dispute resolution. It is reader-friendly and an economic bargain for law students … Professor Moses has provided a textbook which adequately covers the essential elements of international arbitration and suggests additional readings and websites for those who want to drill down in greater detail … I strongly believe that my students will appreciate how readable and affordable a good textbook can be.'' H. Roderic Heard, Partner, Barnes and Thornburg LLP, Chicago, and Adjunct Professor at Northwestern''s and DePaul''s Law Schools
Review of previous edition: ''This book is a recommended purchase for practitioners and law students who are new to the field of international commercial arbitration, and who would like to grasp the basics in an affordable and accessible treatise. For those who practice in this field every day, with the very reasonable purchase price, this book is a worthwhile investment as a summary of the basic principles of international commercial arbitration.'' Lucy Martinez, Senior Associate, Freshfields Bruckhaus Deringer LLP
This book explains how and why arbitration works. offering comprehensive coverage of the basic requirements, including recent changes in arbitration laws, rules, and guidelines.
Margaret L. Moses is Professor of Law at Loyola University School of Law, Chicago. She teaches international commercial arbitration, international business transactions, European community law, international trade finance, and contracts. Professor Moses is also the Director of the International Program at Loyola University and coaches the Vis Moot International Arbitration teams, which compete in Vienna and Hong Kong. She also serves as an international arbitrator.