{"iri":"http://www.estrellaproject.org/lkif-core/norm.owl#International_Arbitration","label":"International Arbitration","definition":"International Arbitration is the established method today for resolving disputes between parties to international commercial agreements. As with arbitration generally, it is a creature of contract, i.e., the parties' decision to submit any disputes to private adjudication by one or more arbitrators appointed in accordance with rules the parties themselves have agreed to adopt, usually by including a provision for the same in their contract. The practice of international arbitration has developed so as to allow parties from different legal and cultural backgrounds to resolve their disputes, generally without the formalities of their underlying legal systems.","license":"https://creativecommons.org/licenses/by/4.0/","source":"legal","source_url":"https://github.com/RinkeHoekstra/lkif-core"}