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Applicable Law Arbitration Agreement

Applicable Law Arbitration Agreement Template for Ireland

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Key Requirements PROMPT example:

Applicable Law Arbitration Agreement

"I need an Applicable Law Arbitration Agreement under Irish law for a technology licensing arrangement between our Dublin-based software company and a German manufacturer, to be effective from March 2025, with specific provisions for handling intellectual property disputes and technical expert determination."

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Document background
The Applicable Law Arbitration Agreement is essential for parties seeking to establish a clear and enforceable framework for resolving commercial disputes through arbitration under Irish law. This document is particularly valuable when parties want to ensure their disputes will be resolved through arbitration rather than litigation, with Irish law governing the arbitration process. It reflects modern arbitration practices and complies with the Irish Arbitration Act 2010, which incorporates the UNCITRAL Model Law. The agreement is commonly used in international commercial relationships where at least one party has connections to Ireland, or where parties specifically choose Irish law for its well-developed commercial law framework and pro-arbitration stance. It includes comprehensive provisions for the conduct of arbitration proceedings, appointment of arbitrators, and enforcement of awards, while maintaining flexibility to accommodate specific commercial needs.
Suggested Sections

1. Parties: Identification and details of all parties entering into the arbitration agreement

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Key terms used throughout the agreement

4. Agreement to Arbitrate: Core provision establishing parties' agreement to submit disputes to arbitration

5. Scope of Arbitration: Types of disputes covered by the arbitration agreement

6. Governing Law: Express choice of Irish law as the governing law of the arbitration agreement

7. Seat of Arbitration: Designation of the legal seat of arbitration

8. Language of Arbitration: Specification of the language in which arbitration proceedings will be conducted

9. Arbitrator Appointment: Process for selecting and appointing arbitrators

10. Arbitration Rules: Specification of the rules governing the arbitration proceedings

11. Confidentiality: Obligations regarding confidentiality of the arbitration proceedings

12. Costs: Allocation of arbitration costs and expenses

13. Execution: Signature blocks and execution provisions

Optional Sections

1. Emergency Arbitrator Provisions: Procedures for appointing an emergency arbitrator when urgent relief is needed

2. Multi-Party Provisions: Special provisions for arbitrations involving multiple parties

3. Joinder and Consolidation: Provisions allowing additional parties to join or consolidate related arbitrations

4. Expert Determination: Provisions for referring specific technical matters to expert determination

5. Mediation Step: Requirement to attempt mediation before proceeding to arbitration

6. Interim Measures: Provisions regarding interim relief and preliminary orders

7. Document Preservation: Obligations regarding preservation of relevant documents

8. Time Limits: Specific timeframes for various steps in the arbitration process

Suggested Schedules

1. Schedule 1 - Arbitration Rules: Detailed rules governing the conduct of the arbitration

2. Schedule 2 - Arbitrator Qualifications: Specific requirements and qualifications for arbitrators

3. Schedule 3 - Fee Schedule: Details of arbitration fees and cost allocation

4. Appendix A - Notice Requirements: Forms and procedures for serving notices under the agreement

5. Appendix B - Model Arbitration Clause: Standard wording for incorporation into other agreements

6. Appendix C - Procedural Timetable: Template timeline for the conduct of arbitration proceedings

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
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Financial Services

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Relevant Teams

Legal

Commercial

Risk Management

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Corporate Governance

International Business

Procurement

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Contract Administration

Relevant Roles

Legal Counsel

Commercial Director

Contract Manager

Chief Legal Officer

Risk Manager

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