Assignment Of Rights And Agreement To Arbitrate

Assignment Of Rights And Agreement To Arbitrate

The Court of Appeal dismissed the appeal and confirmed that the case should be submitted to arbitration. In particular, the Tribunal did not accept the arguments concerning the scope of the arbitration agreement and found that the case was a typical contractual dispute, which falls within the scope of an arbitration agreement contained in the contract. The assignment of rights and obligations arising from a contract is part of day-to-day activities. This issue can be complicated when a transferred claim is covered by an arbitration agreement. A recent Supreme Court decision shows that, in such a case, the assignee and the debtor must settle their disputes through arbitration. (1) However, the General Court`s position on award merits further discussion. .