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Re: olddog967 post# 80529

Friday, 09/24/2004 3:54:28 PM

Friday, September 24, 2004 3:54:28 PM

Post# of 432935
You da man olddog. Folks need to shake off their presumptions and read the facts as written in the following passage from your ref post;

3. Duty of Good Faith

Unlike NGFA arbitrators, international arbitrators frequently rely on considerations of good faith in resolving contract disputes. International arbitral tribunals are very willing to apply the good faith requirements of national laws and to find that a contracting party has not acted in good faith.[224] Moreover, international arbitrators frequently state that parties to international contracts must act in good faith regardless of whether national law imposes such a requirement.[225] Indeed, a number of commentators have identified a duty of good faith as one of the general principles of international trade law developed in international arbitration proceedings.[226]


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