Analysis

Smart Contracts May Yield Unique Solutions In Arbitration

Law360 (May 8, 2018, 9:17 PM EDT) -- Although including an international arbitration clause in a smart contract is likely a no-brainer for many disputes attorneys, experts say it's important for parties to a smart contract to be aware of the problems — and potentially revolutionary solutions — that may arise through the use of such clauses.

Smart contracts are self-executing, self-enforcing agreements that are becoming increasingly common, particularly in international transactions. Including an international arbitration clause in such a contract makes sense for the same reasons these clauses remain popular with multinational businesses: arbitral awards are enforced relatively easily across borders, and parties have the flexibility to craft...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!