American Arbitration Association (AAA)/International Centre for Dispute Resolution (ICDR): standard arbitration clauses

by Practical Law Arbitration, based on an original by Skadden, Arps, Slate, Meagher & Flom LLP

These Standard Clauses provide model arbitration clauses for disputes administered by the American Arbitration Association (AAA) and its international division, the International Centre for Dispute Resolution (ICDR). These Standard Clauses cover various scenarios, offering distinct wording for resolving future controversies arising under a contract and for submitting existing disputes to arbitration. The resource includes clauses that invoke the AAA Commercial Arbitration Rules for domestic matters and the ICDR International Arbitration Rules for international disputes. Furthermore, these Standard Clauses supply language for arbitrations conducted under the UNCITRAL Arbitration Rules where the AAA serves as the appointing authority, with options for the AAA to either administer the case or act solely as the appointing authority. This resource also outlines key considerations for parties when drafting, such as specifying the number of arbitrators, the place of arbitration, and the language of the proceedings, to create a tailored dispute resolution framework. Source: AAA website.