LEGAL NATURE OF INTERNATIONAL COMMERCIAL ARBITRATION AND LEGAL CONSEQUENCES OF CONFLICTS BETWEEN LEGAL CULTURES

SH. Akbarova

doi:10.5281/zenodo.7382907

SH. Akbarova

Abstract. Arbitration has proven to be one of the most alternative ways to resolve disputes. Arbitration processes and its legal nature are the subject of many discussions. This article discusses arbitration and its legal nature, as well as the conflicts between legal cultures and the resulting legal consequences. While talking about the legal nature of arbitration, the theories formed as a result of different views on it are analyzed in detail. Also, the article talks about cultural differences in the jurisdiction of different countries and gives practical examples.

Keywords: arbitration, arbitrator, arbitration agreement, contract theory, jurisdictional theory, mixed theory, autonomous theory, legal nature of arbitration, legal cultures, legal consequences, dispute resolution.

References:

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