The importance, magnitude and frequency of international business transactions have necessitated finding an acceptable method of resolving disputes arising from such transactions. Parties to international commercial transactions often come from nations with cultures and legal systems which are greatly diverse.2 Arbitration agreements in international commercial contracts are a preferred manner of resolving disputes.3 Arbitration is a method of providing orderliness and predictability in an area in which it is necessary, but often difficult to achieve.4 In order for the arbitration system to work, courts of law must be willing to relinquish their jurisdiction and allow the arbitration system to resolve the dispute. Marchetto v. DeKalb Genetics Corp. is an example of a United States court's referral of a dispute to an arbitration panel.
Karen L. Massey,
Enforcing International Arbitration Agreements - Marchetto v. DeKalb Genetics Corp.,
1990 J. Disp. Resol.
Available at: https://scholarship.law.missouri.edu/jdr/vol1990/iss2/10