THE CHAMPAGNE CLAUSE: WHAT EVERY BUSINESS SHOULD KNOW ABOUT ARBITRATION

PUBLISHED: 25 September 2024

PUBLISHER: Jukka-Pekka Karppanen

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https://nordcham.glueup.com/event/120509

The arbitration agreement, sometimes dubbed the "champagne clause" for its last-minute inclusion in contracts, often lacks the attention it truly deserves. A poorly drafted arbitration clause can severely undermine your ability to enforce contractual rights. Without a clear and effective dispute resolution mechanism, the contract risks being rendered ineffective, no matter its terms on paper.

In this knowledge session on 8 October, Jakob Ragnwaldh​​, partner at Mannheimer Swartling​​ in Singapore, will discuss the essential do's and don'ts when drafting and negotiating an effective arbitration clause, including the seat of arbitration, arbitration rules, arbitral institutions, enforceability and other strategic considerations.