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The Resolution of Commercial Disputes, What is Arbitration?, Why use this…

- - - - the resolution can take place in a neutral territory
        
        the parties involved are free to choose the territory
        
        the abritrator chosen by both parties, can be from a list of experts related to the industry in which the dispute takes place, but not involved in the dispute
        
        the dispute is resolved using arbitration rules of the arbitrating person (not the rule of law)
    - - the right to apeal of the losing party is limited
        
        the process of arbitration can proceed without all the facts of the case being known by one or both parties
        
        Enforcing submission to arbitration, via a contract, limits the availability of litigation as a means to resolve a dispute.
        
        Lack of experience in the selection of a arbitrator, may cause parties to be at a disadvantage
        
        There isnt a precedential value to the ruling of a arbitrator
- - - - Jurisdiction:
        The authority of a court to hear and determine a case
        
        Types
        
        Generally, jurisdiction is determined by domicile, specifically, his or her habitual or ordinary residance
        
        In Personam
        
        Obtaining Jurisdiction by Service of Process
        
        The Hague Convention on the Service Abroad of Judicial and Extra-judicial Documents in Civil or Commercial Matters
    - - Venue
        
        Forum Non Conveniens