Trade Disputes in Mexico
- In Mexico, it is possible to use arbitration as a method to solve controversies.
- Arbitration Law
- Commercial Code
- Conformity to International Commercial Arbitration Rules
- Party to the
New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
- Appointment of Arbitrators
- One to three arbitrators can be selected to represent each party.
- Arbitration Procedure
- The party that decides to arbitrate must present its petition in written to the organization that will manage the process. The date when this request is presented is the date when the process of arbitration is open. The other party shall eventually present its written argument as well.
The petition must contain: full name and address of all parties involved; exposition of the events which lead to the present claim, as well as their demands and proposals regarding the place, the rights and the language chosen. An agreement to arbitrate and the basic contract must be joined too.
For more information, consult Center of Arbitration in Mexico
- Permanent Arbitration Bodies
Information System of Exterior Commerce (Sectors Covered: Commercial Arbitration)
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