Within the past 50 years, international commercial arbitration has become a popular means of alternative dispute resolution method between private parties. By agreeing to submit their dispute to arbitration, the parties waive their right to have their dispute settled by a state court. Instead, an arbitral tribunal, whose composition will usually have been determined by the parties themselves, will issue a final and binding award solving the dispute of the parties. A valid arbitral award will be enforceable in almost any country of the world.
Despite its high practical relevance, international commercial arbitration often experiences no or only little attention in universal curricula. Therefore, it is one of the goals of the Willem C. Vis International Commercial Arbitration Moot to foster the study of international commercial arbitration. To support this goal, the aim of this script is to provide students with a brief introduction to the subject.