International Commercial Arbitration: Legal and Institutional Infrastructure in Ethiopia

This book is the first-ever to explore commercial arbitration in the Ethiopian context, evaluating the extent to which Ethiopias laws and institutions allow disputing parties to effectively reap the benefits of international commercial arbitration. It interprets the relevant legislation and bridges gaps to help lawyers, arbitrators, arbitral institutions, academics, and judges understand and apply it.

Format: Paperback / softback
Length: 255 pages
Publication date: 20 February 2022
Publisher: Springer Nature Switzerland AG

This groundbreaking work delves into the realm of commercial arbitration in the Ethiopian context, marking a significant milestone in the study of alternative dispute resolution mechanisms. While Ethiopia has embraced various alternative conflict resolution approaches, arbitration stands out as a prominent method for resolving disputes between parties. The foundation of this legal framework was laid with the adoption of the Civil Code in 1960, which granted arbitration the authority to issue binding decisions on disputes between two or more parties based on the jurisdictional mandate conferred upon it by the parties themselves.

In order to assess the effectiveness of Ethiopia's laws and institutions in facilitating the benefits of international commercial arbitration, this pioneering book undertakes a comprehensive evaluation. It interprets the relevant legislation and strives to bridge any gaps that may exist, with the ultimate goal of assisting lawyers, arbitrators, arbitral institutions, academics, and judges in understanding and applying these laws. Furthermore, the book serves as a valuable resource for parties seeking to engage in international transactions involving Ethiopia, aiding them in making informed decisions regarding conflict resolution.

By examining the historical background, legal framework, and practical applications of commercial arbitration in Ethiopia, this book offers valuable insights into the country's approach to dispute settlement. It sheds light on the challenges and opportunities that arise in this context, and provides valuable recommendations for policymakers, practitioners, and stakeholders interested in promoting and enhancing the use of arbitration in Ethiopia.

In conclusion, this book is a pioneering effort that contributes significantly to the understanding and development of commercial arbitration in the Ethiopian context. It serves as a valuable resource for lawyers, arbitrators, arbitral institutions, academics, and judges, as well as parties seeking to engage in international transactions involving Ethiopia. Through its comprehensive analysis and insightful recommendations, it plays a crucial role in promoting the effective use of arbitration as a means of resolving disputes in the country.

Weight: 421g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030667542
Edition number: 1st ed. 2021