Merits of Arbitration Essay Example | Topics and Well Written Essays - 3000 words

Merits of Arbitration - Essay Example These are also points of interest that have been included into the presented work. The conclusion that has been found will show that arbitrary services are a necessity to International Commercial Businesses and are relied upon heavily by many national companies. The ICC has recently undergone a restructuring and has had an extension of affiliates added as new members of its court. The total membership of the ICC is now at an estimated 122 which includes the positions of: chairman, nine vice chairmen, eighty six members, and twenty five alternate members (International Chamber of Commerce 2006). The court is truly vindictive of International brethren as a total of 86 countries are now representative within the court. The processes and procedures of the ICC are carried out every week as they review all cases that are before them and asses specific ones, designating arbitrators, fixing arbitration costs, and reviewing various drafted reports and awards submitted by arbitral tribunals (International Chamber of Commerce 2006). There are a number of legitimate reasons why arbitration is selected by many as a means to solving a dispute but first and foremost both parties must be willing to enter the process with good intentions rather than making the situation more complicated than what it already is. Also, the rulings passed down through the ICC's arbitrary process are final and absolutely binding, there is no changing a contract once an agreement has been reached. Furthermore, it is found that the awards reached through arbitrary processes allow for a broader international recognition than those that are passed down by national courts (International Chamber of Commerce 2006). In the arbitrary methods found within the ICC, either party or both can feel on equal ground in five mutually respective key areas which are: Place of Arbitration Language Used Procedures or rules of law applied Nationality Legal representation (International Chamber of Commerce 2006). These five key areas make the atmosphere for arbitration more amicable as there are no restrictions within the realm of language or nationality, so therefore there is no undue discrimination to be found in the process. This allows for establishing a totally neutral setting to allow for a fair hearing for both parties without any prejudices. Furthermore, the process is found to be swifter and far less expensive than old fashioned litigation procedures found within the basic court system. Basically, this process prevents appeals so it does away with any possibility of the case being tied up in the court system for a prolonged period of time, which saves both parties concerned a lot of additional time and money. There have been instances where awards as high as multi-million dollars have been awarded and

War between Palestine and Israel (In favor of Palestine INFORMATIVE Essay

War between Palestine and Israel (In favor of Palestine INFORMATIVE - Essay Example The countries comprising Lebanon, Egypt, Jordon, Turkey, Palestine and Tunisia, which mainly constitute of Palestinian populaces, allegedly termed as refugees, decipher negative views about Israel. On the other hand, France, China, Germany and the USA, who are often observed as lacking adequate knowledge and understanding of the situation from a dual and unbiased perspective, are identified to have favorable views about the peaceful resolutions considered by Israelis. Even in the preceding years of the 20th century, conflict settlement processes had been initiated with the aim of settling the disputes between these two groups; for example, Oslo Accords in the year 1993 (Zanotti 2), Camp David Summit in 2000 and Taba Summit in 2001have been few of the failed peace treaties in this context (Emerson and Tocci 13). Recently, a two-state solution has been initiated with the objective of developing an independent state for Palestine and Israel. This settlement policy is expected to be effe ctive in resolving the dispute amid these countries as they will be facilitated with the opportunity of performing their operations independently without interventions from each other (Pew Research Center, â€Å"Despite Their Wide Differences, Many Israelis and Palestinians Want Bigger Role for Obama in Resolving Conflict† n.p.). It is worth mentioning in this regard that in most of the instances, the interests of Israelis of the Arab population have been considered with greater attention as compared to the Palestinians which can again be affirmed as a stimulator to Palestinians’ war strategies preferring terrorism. ARGUMENTS AGAINST To be mentioned specifically, Palestinians’ involvement in terrorist attacks in... The paper outlines all pros and cons of the war between Palestine and Israel. Apparently, history reveals that Palestinians have been the ancient citizens of the land but are now living in poverty as refugees in many regions of the state. From a generalized perspective, where Arab’s or Israelis’ quest to re-conquer Palestine can be justified on the grounds of religious beliefs, it can also be strongly contradicted on the basis of political interests and profits. Palestinians have often sought mutual alliance with the Israelis and gain the reputation of being the citizen of Palestine which is their native land. To be mentioned specifically, Palestinians’ involvement in terrorist attacks in Israel, affecting the life of many innocent civilians, has been raised major counter arguments to the role of the group in the sectarian war with Arabs. Whatever the reasons behind executing terrorist attacks, such as action however, cannot be justified on moral grounds, but can be addressed as a response on the economic and emotional grounds from the Palestinians. The conflict amid Israel and Palestine is continuing since the mid 20th century fundamentally centralizes on the right of the either group to reside as native in the land. Conclusively, based on the above discussion, it can be affirmed that in order to mitigate these issues and conflicts, transparent understanding of the main causes and the current beliefs as well as needs of the two groups must be considered in an unbiased manner; rather than disregarding Palestinians’ views owing to their involvement in terrorist attacks to gain their needs.