Interim Measures And Arbitral Clauses

Law360, New York (March 1, 2011, 2:00 PM EST) -- After months of negotiation, you have successfully procured a multimillion-dollar oil and gas project. Knowing the level of investment involved, you take all the precautions you can think of to ensure the success of your endeavor via what you believe to be a “bulletproof” arbitration clause — seemingly avoiding the perceived biases found in foreign national courts and selecting “safe” forums (such as London or Stockholm) and laws (such as New York). Things are under control. Or are they?

Despite the assurances of safety commonly associated...
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