This case has been cited 1 times or more.
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2009-02-10 |
TINGA, J. |
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| There is nothing in the law which limits the exercise of jurisdiction to complex or difficult cases. E.O. No. 1008 does not distinguish between claims involving payment of money or not.[37] The CIAC acquires jurisdiction over a construction contract by the mere fact that the parties agreed to submit to voluntary arbitration.[38] The law does not preclude parties from stipulating a preferred forum or arbitral body but they may not divest the CIAC of jurisdiction as provided by law.[39] Arbitration is an alternative method of dispute resolution which is highly encouraged.[40] The arbitration clause is a commitment on the part of the parties to submit to arbitration the disputes covered since that clause is binding, and they are expected to | |||||