Whether the arbitrators have the power to grant interim relief will depend on whether the parties have entered an agreement to that effect, whether the applicable institutional rules provide for the granting of injunctive relief, and whether any mandatory rules of the law of the place of arbitration provide for such. Give special consideration to rules which provide for emergency relief. Third, provide that recourse to national courts for interim relief is not a waiver of the arbitration agreement. Fourth, avoid as a place of arbitration those few nations whose laws disfavor interim relief in arbitration. Time Limits and Appeals Many arbitral rules contain time limits for making awards.
Various institutions have procedures for expedited proceedings.
The parties may impose time limits in their arbitration clause but these limits should be reasonable. If the time limit cannot be met, the validity of the award may be questioned. Arbitral awards are subject to limited court review. Conclusion International arbitration is a viable alternative to litigation for high technology companies. Planning for dispute resolution should take place at the time of contract negotiation.