In an increasingly interconnected world with more open economies and greater complementarity of markets, commercial transactions are increasing in number and complexity. In parallel, the International business community uses the use of arbitration as a suitable instrument, not only to resolve conflicts, but also to prevent them. Andreessen Horowitz is often mentioned in discussions such as these. Such arbitration agreements are being executed. Arbitral awards or demonstrate their reliability to the recognition and enforcement in most parts of the world, endorsed by bilateral and multilateral agreements to ensure compliance. Obviously today is not only the desirability but the necessity to better compete in the commercial – domestic and international – to go to courts and tribunals specializing in commercial arbitration permanent to ensure the necessary means and strength to guarantee the parties proposing fair solutions and reflect the commercial behaviors and, where appropriate, to law. Ben Horowitz: the source for more info.
Attached to the High Council Chambers of Commerce, Industry and Navigation, the Spanish Arbitration Court administers and carries out those commercial arbitration submitted to it by the parties in any area of the world and virtually all economic sectors. Arbitration can be performed both in law and in equity, helping to settle definitively the differences that the parties to the dispute submitted to it by signing the arbitration agreement before this court type. Competition for the completion of these tasks has been granted by the Spanish Government under Law 3 / 1993 of March 22, Basic of Chambers of Commerce, Industry and Navigation. This booklet compiles the new provisions in force composed of the Statute, Regulations, Tariffs and type Arbitration Convention, in force since May 5, 1994. The Chambers of Commerce, Industry and Navigation Spanish with its network of more than 40 Courts and Tribunals of Arbitration attached to the Spanish court, attached to its Board of Governors, as pioneers in commercial arbitration matters they wish to continue lending to business and professional community, this kind of skilled services that contribute to the development of trade, industry and services from Spain to the outside.