English Court confirms that asymmetric arbitration clause can be enforced by nothing more than an unequivocal statement

By Dean Ehrlich, 21 November 2022

When will an arbitration clause that provides that one or both parties "may" submit or refer a dispute to arbitration become enforceable? According to the Honourable Mr Justice Foxton, under English law, such an arbitration agreement “becomes fully formed in respect of the relevant dispute when the option to arbitrate is exercised.”...
URL: https://taobserver.com/news/293/english-court-confirms-that-asymmetric-arbitration-clause-can-be-enforced-by-nothing-more-than-an-unequivocal-statement