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transnational law transnational law (lex mercatoria or international business law) and "Power of arbitral tribunal to order interim measures" 2016-03-01 13:58:16 https://www.trans-lex.org/img/logo_ball.png
Principle

No. XIV.2.5 - Power of arbitral tribunal to order interim measures

Unless otherwise agreed by the parties, the arbitral tribunal may, at the request of a party, order any party to take such interim measure of protection as the arbitral tribunal may consider necessary in respect of the subject matter of the dispute. The arbitral tribunal may require any party to provide appropriate security in connection with such measure.

Commentary
It is generally acknowledged today that the legal basis for the arbitral tribunal's competence to issue 'interim orders of protection' or 'conservatory measures' lies in its competence to decide on the merits of the dispute. In authorizing a private tribunal to decide existing or future disputes between them, the parties have vested in the arbitrators the inherent power to issue measures of provisional relief connected to the subject matter of the dispute, which serve to safeguard the efficiency of the tribunal's decision-making. One is dealing here with an 'accessory' competence of the arbitrators. Thus, provisions in modern arbitration laws such as Art. 17 UNCITRAL Model Law, which authorize the tribunal, at the request of a party, to order any interim measures of protection it considers necessary in respect of the subject-matter of the dispute, do not establish the tribunal's power to issue interim relief, but merely confirm a general principle of international procedural law.

Please cite as: "Commentary to Trans-Lex Principle , "
References
Arbitration Rules
International Legislation
Model Laws
National Legislation
Contract Clauses
1. Interim Measures from Arbitral Tribunal Binding on Parties
Employment Contract
Arbitration

(...) The arbitrator may grant injunctions or other relief in such dispute or controversy (...)

2011
Construction & O&M Contract
Dispute Resolution

(...) the Guarantor unconditionally and irrevocably agrees to be (...) bound by any interim order (...)

Loan Contract
Choice of Law, Venue and Jury Trial Waiver

(...) The private judge shall have the power, among others, to grant provisional relief, including without limitation, entering temporary restraining orders, issuing preliminary and permanent injunctions and appointing receivers (...)

2011
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