G. The Arbitral Proceedings

Most stages of the arbitral proceedings resemble at first glance those of state court proceedings: After proceedings have been initiated, the parties usually exchange written memoranda, the arbitral tribunal conducts one or more hearings between the parties, there is a procedure for the taking of evidence, the arbitral tribunal has the power to issue interim and conservatory measures and at the final stage, an award similar to a court judgment is issued. Yet, when taking a closer look at the individual stages, there are often essential differences in the way the proceedings are conducted. Moreover, there are also stages, such as the constitution of the arbitral tribunal, that are unknown to state court proceedings.

Last modified: Monday, 31 August 2015, 8:31 AM