Institutional Arbitration

The notion of international arbitration varies from country to country, and local arbitration law in each country usually treats international arbitration differently from domestic arbitration. Under French law, Article 1504 of the Code of Civil Procedure states that: “an arbitration is international when it involves the interests of international trade”. This means that apart from any other external criteria, such as nationality, the parties’ domicile or headquarters, the seat of the arbitral institution, the place of arbitration or the law applicable to the merits, the arbitration is international under French law if it deals with an economic transaction involving a transfer of goods or services or a cross-border payment.