International Commercial Arbitration
What are the strengths and weaknesses of arbitration? What role do international arbitral institutions, ad hoc arbitration and transborder arbitration regimes play? How are arbitration awards created, challenged and enforced?
Requirements
Students wishing to complete the Specialization in International Commercial Arbitration must complete three distinct requirements.
- They must select the 50-class-hour elective module in Arbitration.
- They must complete their mandatory internship in the arbitration area. The career advisor and specialization coordinator will assist students in finding their placements.
- Finally, they must write a master’s thesis on an arbitration topic.
These elements account for a total of 25 of the 60 ECTS that students obtain in their Master of Law and Business studies. Students who successfully complete these requirements receive their degree with the notation “Specialization in International Commercial Arbitration” on their transcripts.
The Specialization in International Commercial Arbitration can only be combined with the LLM degree.
"With this specialization we are offering the students the opportunity to deal with the procedural side of the problems which may arise in such transactions. The combination of lectures about legal principles underlying the topic and practical exercises is an excellent preparation for those students who are interested in a career in international dispute resolution."
Why work in arbitration?
"I am fascinated by the effectiveness of international arbitration as a means of dispute resolution"
Interview with Nata Ghibraze '14 from Georgia who is building a career in the field of abitration in Germany.
"International arbitration gives lawyers the opportunity to practice beyond the jurisdiction in which they were trained"
Interview with Jola Gjuzi '08 who has recently submitted her Ph.D. thesis on investment law and arbitration.
"Arbitration has a special place in the dispute resolution system"
Milena Radosavljevic '16 from Serbia who took part of the Willem C. Vis International Commercial Arbitration Moot.
"Arbitration is the best mode to settle disputes arising out of international transactions."
Interview with Professor Dr. Stefan Kröll and Professor Clifford Larsen who teach the arbitration elective on the relevance of abitration today and the specialization in international commercial arbitration.
