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Tips for Drafting Arbitration Clauses in Smart Contracts

While arbitration may be a preferable alternative to court for smart contract disputes, it doesn’t happen on its own – it typically requires a properly drafted arbitration clause, points out Jared Butcher in Steptoe & Johnson’s Blockchain Blog.

Butcher discusses some aspects of the arbitration clause that should be re-considered when dealing with smart contracts.

The article  covers the topics of arbitrator appointment, governing law and the arbitral body, forum selection, and summary dispositions.

Read the article.

 

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