Published on 02 Oct 2009 • International, Spain |
"In case of controversy or difference relative to the interpretation of any of the articles of this CONTRACT, the PARTIES shall attempt to resolve it through negotiation for a period of 15 days, after which the controversy will be submitted to amicable arbitration".
"...it is not expected that any commercial man would knowingly create a system which required that the court should first decide whether the contract should be rectified or avoided [...] and then if the contract is held valid, required the arbitrator to resolve the issues that haven arisen".