DELOCALISATION OF ARBITRAL PROCEEDINGS AND LEX ARBITRI: A SOJOURN INTO THE EQUILIBRIUM

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Date
2015-04-21
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COLLEGE OF LAW, JOSEPH AYO BABALOLA UNIVERSITY
Abstract
This paper examines two important issues in relation to international commercial arbitration. First, whether the notion that international commercial arbitration is conducted entirety outside the framework of national legal systems is correct or too good to be true.. in other words, is there anything like floating arbitration (i.e delocaised or denationalized arbitration)?. Secondly, whether there is no such thing as a lex arbitri. That is, is there anything like the law of the country in which the arbitration is held in the conduct of international commercial arbitration? The paper ends with a concluding remarks on the tru position of the arguments
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JABU LJ VOL 2(1)