Understanding International Arbitration
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CHAPTER 2.
The laws and rules applicable to arbitration
Rules
1. Different laws can govern different aspects of an arbitration
While those unfamiliar with international commercial arbitration often think of it as providing an alternative to the strictly law-focused approach of court litigation, arbitration is intimately entwined with the law. Indeed, a single arbitration may have several applicable laws, each governing one or more aspects of the arbitral process or the parties’ dispute.