Seat of Arbitration

The "seat of arbitration" refers to the legal jurisdiction or location where an arbitration process is officially based. It determines the rules and laws that govern the arbitration, including how disputes are handled and the authority of the arbitrators. Essentially, it's the chosen country or region that sets the legal framework for resolving the dispute. This can affect aspects like the enforceability of the arbitral award and the ability to appeal. The seat does not necessarily have to be where the arbitration hearings occur; it is primarily about the legal context in which the arbitration takes place.