Abstract

ABSTRACT: The fideicomisos and trusts are similar institutions from different legal systems. Because of the advantages of arbitration it is not a surprise to find arbitration clauses in the instruments of such legal mechanisms. However, there is an obstacle to the effectiveness of the arbitration clause; this obstacle is the lack of acceptance of the beneficiaries of the arbitration clause. Lack of consent is due to the structure of the fideicomiso and the trust. Despite this obstacle, there are theories and legislations that support the effectiveness of arbitration clauses in trust instruments which questions the conventional paradigm of arbitration.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.