Book contents
- The Cambridge Handbook of Judicial Control of Arbitral Awards
- The Cambridge Handbook of Judicial Control of Arbitral Awards
- Copyright page
- Dedication
- Concise Contents
- Contents
- Contributors
- Preface
- Part I Vacating Commercial Arbitration Awards
- Part II Enforcing Commercial Arbitration Awards
- Part III Scope and Interpretation of Arbitration Clauses
- 7 Judicial Interpretation of Standard Clauses
- 8 Industry-Specific Clauses and Their Interpretation
- 9 Drafting, Interpretation, and Enforcement of Commercial Arbitration Clauses
- Part IV Judicial Control of Arbitral Awards
- Part V Summary and Findings
8 - Industry-Specific Clauses and Their Interpretation
from Part III - Scope and Interpretation of Arbitration Clauses
Published online by Cambridge University Press: 08 October 2020
- The Cambridge Handbook of Judicial Control of Arbitral Awards
- The Cambridge Handbook of Judicial Control of Arbitral Awards
- Copyright page
- Dedication
- Concise Contents
- Contents
- Contributors
- Preface
- Part I Vacating Commercial Arbitration Awards
- Part II Enforcing Commercial Arbitration Awards
- Part III Scope and Interpretation of Arbitration Clauses
- 7 Judicial Interpretation of Standard Clauses
- 8 Industry-Specific Clauses and Their Interpretation
- 9 Drafting, Interpretation, and Enforcement of Commercial Arbitration Clauses
- Part IV Judicial Control of Arbitral Awards
- Part V Summary and Findings
Summary
Some industries have avoided using standard or generic arbitration clauses by developing industry-specific clauses. This chapter focuses on the energy sector and its view of arbitration as reflected in its widely used arbitration clause. Given the specificity and uniqueness of the industry, energy disputes are mostly settled through alternative dispute resolution methods. From a legal standpoint, the regulations and practices related to the energy sector are complex and chaotic due to the technical nature of the energy industry. In such a context, energy dispute resolution cases are unusually complex. Large energy transactions, projects or contracts almost always have an international dimension, and the preferred means of dispute resolution is international arbitration.
Keywords
- Type
- Chapter
- Information
- The Cambridge Handbook of Judicial Control of Arbitral Awards , pp. 119 - 129Publisher: Cambridge University PressPrint publication year: 2020