The SCCA holds an advanced workshop on Drafting Contracts and Arbitration clauses

The SCCA holds an advanced workshop on Drafting Contracts and Arbitration clauses

Published Date: 14/09/2017

 

The Saudi Center for Commercial Arbitration (SCCA), in cooperation with the Commercial Law Development Program (CLDP) of the US Department of Commerce, held an advanced workshop on drafting contracts. It included a detailed explanation on essence of contracts, the most important characteristics of optimal language and the dysfunctional  drafting that must be avoided. It also included number of practical cases and examples that were discussed by 50 participants of lawyers and legal advisers from a number of companies.

The workshop was delivered by the world-renowned contract drafting expert, Kenneth Adams, the author of one of the most circulated books in this field (A Manual of Style for Contract Drafting).

The workshop discussed the importance of arbitration clause drafting in the contract and the difference between institutional arbitration clause and Ad Hoc arbitration clause. It should be noted that the safest method of institutional arbitration clause is to use the model arbitration clause of SCCA. If the contract contains special requirements, there will be a need to consult a lawyer.

The provision of the model clause is:

 

“Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or invalidity thereof, shall be settled by arbitration administered by the Saudi Center for Commercial Arbitration (SCCA) in accordance with its Arbitration Rules.”

 

SCCA held this workshop to promote legal and arbitration culture to contribute to the achievement of the Saudi Vision 2030 by participation in creating safe legal environment that attracts domestic and foreign investment.