Senka Mihaj, Nemanja Ilić and Marko Milanović of Mihaj, Ilić & Milanović explain the advantages of carrying out arbitration proceedings in Serbia
One of the key issues when it comes to drafting an arbitration clause, apart from selecting the applicable rules, is the seat of arbitration. The seat is much more than a technical issue. It determines which legal jurisdiction is the arbitration tied, decides on lex arbitri, and determines which national courts may intervene in the arbitration proceedings and the extent of such intervention.
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