When an Offer to Arbitrate is Binding on the Offering Party

Mondaq Business BriefingSwitzerland Law Articles in English (2010)

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When an Offer to Arbitrate is Binding on the Offering Party

I. Introduction

Consent to arbitrate is the fundamental basis for arbitration. Absent this consent, arbitrators lack jurisdiction. In the event of controversy about the existence of an agreement to arbitrate, it is for the arbitral tribunals to interpret the parties' declarations based on the general principles of contract law.

II. Facts

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