Arbitration

arbitration

ARBITRATION

Arbitration............................................................

Arbitration and Amendment

The arbitration will take place in Stockholm, unless the two Contracting Parties have agreed otherwise.

The arbitration may decide ex aequo et bono only if empowered by the parties.

The arbitration body shall present its conclusions to the Members within 120 days from the date when the matter was referred to the arbitration body.

The arbitration may request the court having territorial jurisdiction to provide legal aid (Article 174) to produce specific pieces of evidence which cannot be produced before the arbitration.

The arbitral tribunal shall decide on the basis of the rules of international law and in particular on the basis of the provisions of this Convention.

arbitration in accordance with procedures to be adopted by the Parties at a session of the executive body as soon as practicable, in an annex on arbitration.

ARBITRATION (MANDATORY PROVISIONS)

Arbitration and Community referrals to EMEA (Human medicines)

arbitration in accordance with the procedure set out in Annex XIII hereto.

Arbitrage by consumers or independent traders is limited due to the bulkiness of the product.

Arbitrage is not hindered, and the absence of intra-brand competition is not very relevant at the wholesale level.

Dispute Resolution and Arbitration

Judicial settlement and arbitration

if the arbitration has transgressed the limits of its power;

if the award has been rendered by a standing arbitration, it shall be kept therewith.

(b) Arbitration in accordance with the procedure set out in Annex XIII hereto.

If the majority cannot be reached, the arbitration shall notify the parties thereon.

− introduction and encouragement of various forms of out-of-court settlement of disputes (conciliation, arbitration).

Arbitration procedure

If the party does not nominate a replacement, the arbitration shall proceed with the remaining arbitrators.

international arbitration

commercial arbitration

Publication of arbitral awards

Disputes between the parties to this agreement shall be subject to arbitration under the conditions laid down in Chapter 4 of the Loan Regulations of the Fund.

ARBITRATION PROCEEDINGS

Unless the Parties otherwise agree, arbitration shall be by a tribunal of three arbitrators to be constituted as follows:

The arbitration may not apply any compulsory measures nor impose punishment on witnesses, parties and other persons participating in the proceedings.

In all cases the third arbitrator shall be a national of a third State, shall act as President of the Tribunal and shall determine the place where arbitration will be held.

Execution of an arbitration award

In all cases, the third arbitrator shall be a national of a third State, shall act as president of the tribunal and shall determine the place where the arbitration will be held.

DISPUTE SETTLEMENT BY ARBITRAGE

its request for arbitration; and

Task of the Arbitral Tribunal

Arbitration panel ruling

Arbitration panel rulings

Composition of the Arbitral Tribunal

Any dispute on the interpretation or implementation of the terms of this Agreement which cannot be settled amicably shall be subject to arbitration at the request of either Party.

Creation of an arbitration panel

The Arbitral Tribunal shall apply

The award of the Arbitral Tribunal

(b) Any arbitration under this Article, as may be mutually agreed by the parties to the dispute, must be held in a state that is a party to the New York Convention.

Expeditious arbitration within the WTO as an alternative means of dispute settlement can facilitate the solution of certain disputes that concern issues that are clearly defined by both parties.

Initiating the arbitration procedure

(1) The Arbitral Tribunal shall determine

in case of disputes, encourage their members to use the available out-of-court procedures (mediation, arbitration), and include these in the collective agreement system.