Abstract

This reserch addresses how information technology can support enterprises cross-border resolution of commercial disputes through online arbitration. Online Dispute Resolution arbitration is the only cost effective out-of-court international dispute settlement system that can end in an award that can be recognized and enforced in national courts. Consequently, the essential elements of the online arbitration will be analyzed in the light of the New York Convention on the Recognition of Foreign Arbitral Awards. Because the United Nations Commission on International Trade Law Model Law on International Commercial Arbitration can serve as a benchmark for “best practices” in international arbitration, it will also be used as a parameter for our analysis.

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