Standard clauses
Model LAC Mediation Clause
Clause 1: Obligation to refer the dispute to the LAC Mediation Rules
Any dispute, controversy or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall be referred to mediation in accordance with the Mediation Rules of the Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia.
Model LAC Combined Clauses
Clause 2: Obligation to refer the dispute to the LAC Mediation Rules followed by LAC arbitration if required
Any dispute, controversy or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall first be referred to mediation in accordance with the Mediation Rules of the of the Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia.
If the mediation is terminated or if the dispute has not been resolved pursuant to the said Rules within [60[1]] days following the commencement of the mediation or within such other period as the parties may agree in writing, such dispute shall be finally resolved by arbitration in accordance with the Arbitration Rules of the of the Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia.
Recommended additions:
- The Arbitral Tribunal shall be composed of [three arbitrators / a sole arbitrator].
- The seat of the arbitration shall be [city and state].
- The language to be used in the arbitral proceedings shall be [...].
- The governing law of the contract shall be the substantive law of [...].
Clause 3: Obligation to refer the dispute to the LAC Mediation Rules followed by LAC expedited arbitration if required
Any dispute, controversy or claim arising out of or in connection with this contract, or the breach, termination or invalidity thereof, shall first be referred to mediation in accordance with the Mediation Rules of the of the Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia.
If the mediation is terminated or if the dispute has not been resolved pursuant to the said Rules within [60[2]] days following the commencement of the mediation or within such other period as the parties may agree in writing, such dispute shall be finally resolved by arbitration in accordance with the Arbitration Rules of the Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia with the application of the Rules for Expedited Arbitral Proceedings.
Recommended additions:
- The Arbitral Tribunal shall be composed of [a sole arbitrator / three arbitrators].
- The seat of the arbitration shall be [city and state].
- The language to be used in the arbitral proceedings shall be [...].
- The governing law of the contract shall be the substantive law of [...].
[1] The Parties may wish to amend this time period according to their needs.
[2] The Parties may wish to amend this time period according to their needs.