Contracts
Apr. 19, 2024
Arbitration as an effective mechanism for resolving asset purchase agreement disputes
Parties should draft a comprehensive arbitration clause in an asset purchase agreement, including the process, number and selection of arbitrators, applicable rules, scope of disputes, the procedural rules, and the interim relief.
Daniel B. Garrie
Neutral, JAMS
Cyber Security
Cell: (212) 826-5351
Email: daniel@lawandforensics.com
In the realm of commercial transactions, asset purchase agreements (APAs) are a cornerstone, facilitating the transfer of assets from one entity to another. These agreements, while meticulously crafted, are not immune to disputes. Arbitration has emerged as a pragmatic and efficient method for resolving such disagreements, ensuring a harmonious transition of assets while preserving the business relationship between the parties involved.
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