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© 2009 by The American Law Institute Preliminary Draft – Not approved

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The American Law InstituteMichael Traynor, Chair of the Council and President EmeritusRoberta Cooper Ramo, PresidentAllen D. Black, 1st Vice PresidentDouglas Laycock, 2nd Vice PresidentBennett Boskey, TreasurerSusan Frelich Appleton, SecretaryLance Liebman, DirectorElena A. Cappella, Deputy Director

COUNCILKenneth S. Abraham, University of Virginia School of Law, Charlottesville, VAShirley S. Abrahamson, Supreme Court of Wisconsin, Madison, WIPhilip S. Anderson, Williams & Anderson, Little Rock, ARSusan Frelich Appleton, Washington University School of Law, St. Louis, MOKim J. Askew, K&L Gates, Dallas, TXJosé I. Astigarraga, Astigarraga Davis, Miami, FLSheila L. Birnbaum, Skadden, Arps, Slate, Meagher & Flom, New York, NYAllen D. Black, Fine, Kaplan & Black, Philadelphia, PABennett Boskey, Washington, DCAmelia H. Boss, Drexel University Earle Mack School of Law, Philadelphia, PAMichael Boudin, U.S. Court of Appeals, First Circuit, Boston, MAWilliam M. Burke, Sheppard, Mullin, Richter & Hampton, Costa Mesa, CAElizabeth J. Cabraser, Lieff Cabraser Heimann & Bernstein, San Francisco, CAGerhard Casper, Stanford University, Stanford, CAEdward H. Cooper, University of Michigan Law School, Ann Arbor, MIN. Lee Cooper, Maynard, Cooper & Gale, Birmingham, ALGeorge H. T. Dudley, Dudley, Topper and Feuerzeig, St. Thomas, U.S. VIChristine M. Durham, Supreme Court of Utah, Salt Lake City, UTKenneth C. Frazier, Merck & Co., Inc., Whitehouse Station, NJGeorge Clemon Freeman, Jr., Hunton & Williams, Richmond, VAPaul L. Friedman, U.S. District Court, District of Columbia, Washington, DCConrad K. Harper, Simpson Thacher & Bartlett, New York, NYGeoffrey C. Hazard, Jr.*, University of California, Hastings College of the Law,

San Francisco, CA; University of Pennsylvania Law School, Philadelphia, PAD. Brock Hornby, U.S. District Court, District of Maine, Portland, MEWilliam C. Hubbard, Nelson Mullins Riley & Scarborough, Columbia, SCMary Kay Kane, University of California, Hastings College of the Law,

San Francisco, CAHerma Hill Kay, University of California at Berkeley School of Law, Berkeley, CACarolyn Dineen King, U.S. Court of Appeals, Fifth Circuit, Houston, TXCarolyn B. Lamm, White & Case, Washington, DCDouglas Laycock, University of Michigan Law School, Ann Arbor, MIPierre N. Leval, U.S. Court of Appeals, Second Circuit, New York, NYDavid F. Levi, Duke University School of Law, Durham, NCMartin Lipton, Wachtell, Lipton, Rosen & Katz, New York, NY

*Director Emeritus


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Myles V. Lynk, Arizona State University, Sandra Day O’Connor College of Law, Tempe, AZ

Margaret H. Marshall, Supreme Judicial Court of Massachusetts, Boston, MAJohn J. McKetta, III, Graves, Dougherty, Hearon & Moody, Austin, TXRobert H. Mundheim, Shearman & Sterling, New York, NYKathryn A. Oberly, District of Columbia Court of Appeals, Washington, DCHarvey S. Perlman, University of Nebraska-Lincoln, Lincoln, NEEllen Ash Peters, Supreme Court of Connecticut (retired), Hartford, CTLouis H. Pollak, U.S. District Court, Eastern District of Pennsylvania,

Philadelphia, PARoberta Cooper Ramo, Modrall, Sperling, Roehl, Harris & Sisk, Albuquerque, NMLee H. Rosenthal, U.S. District Court, Southern District of Texas, Houston, TXMary M. Schroeder, U.S. Court of Appeals, Ninth Circuit, Phoenix, AZWm. Reece Smith, Jr., Carlton Fields, Tampa, FLJane Stapleton, Australian National University College of Law, Canberra, Australia;

University of Texas School of Law, Austin, TX; University of Oxford, EnglandRobert A. Stein, University of Minnesota Law School, Minneapolis, MNLarry S. Stewart, Stewart Tilghman Fox & Bianchi, Miami, FLMichael Traynor, Berkeley, CABill Wagner, Wagner, Vaughan & McLaughlin, Tampa, FLPatricia M. Wald, Washington, DCWilliam H. Webster, Milbank, Tweed, Hadley & McCloy, Washington, DCHerbert P. Wilkins, Boston College Law School, Newton, MADiane P. Wood, U.S. Court of Appeals, Seventh Circuit, Chicago, IL

EMERITUS COUNCIL MEMBERSHugh Calkins, Initiatives in Urban Education Foundation, Cleveland Heights, OH William T. Coleman, Jr., O’Melveny & Myers, Washington, DCRoger C. Cramton, Cornell Law School, Ithaca, NYWilliam H. Erickson, Englewood, CO Vester T. Hughes, Jr., K&L Gates, Dallas, TXNicholas deB. Katzenbach, Princeton, NJBetsy Levin, Washington, DCHans A. Linde, Salem, ORRobert MacCrate, Sullivan & Cromwell, New York, NYVincent L. McKusick, Pierce Atwood, Portland, MERoswell B. Perkins**, Debevoise & Plimpton, New York, NYLawrence E. Walsh, Crowe & Dunlevy, Oklahoma City, OKGeorge Whittenburg, Whittenburg Whittenburg Schachter & Harris, Amarillo, TXJames H. Wilson, Jr., Sutherland, Atlanta, GA

**President Emeritus and Chair of the Council Emeritus


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Restatement of the Law ThirdThe U.S. Law of International Commercial Arbitration

Preliminary Draft No. 2

Comments and Suggestions Invited

Written comments on this draft are welcomed and should be addressed to the Director and the Reporters; their contact information appears below. Unless ex-pressed otherwise in the submission, by submitting written comments the author authorizes The American Law Institute to retain the submitted material in its files and archives, and to copy, distribute, publish, and otherwise make it available to others, with appropriate credit to the author.

ReporterProfessor George A. BermannColumbia University School of Law435 W. 116th St.Box A-10New York, NY 10027-7201Fax: (212) 854-7946Email: [email protected]

DirectorProfessor Lance LiebmanThe Executive OfficeThe American Law Institute4025 Chestnut StreetPhiladelphia, PA 19104-3099Fax: (215) 243-1636Email: [email protected]

Associate ReportersProfessor Jack J. Coe, Jr.Pepperdine University School of Law24255 Pacific Coast HighwayMalibu, CA 90263-3999Fax: (310) 506-4063Email: [email protected]

Professor Christopher R. DrahozalJohn M. Rounds Professor of LawUniversity of Kansas School of Law1535 W. 15th St.Green HallLawrence, KS 66045-7577Fax: (785) 864-5054Email: [email protected]

Professor Catherine A. RogersThe Pennsylvania State University,

Dickinson School of Law324 Katz Bldg.University Park, PA 16802Fax: (814) 863-7274Email: [email protected] andUniversità Commerciale Luigi

Bocconi 3Via Gobbi, 520136 MILAN ITALYEmail: [email protected]


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REPORTERGeorge A. Bermann, Columbia University School of Law, New York, NY

ASSOCIATE REPORTERSJack J. Coe, Jr., Pepperdine University School of Law, Malibu, CAChristopher R. Drahozal, University of Kansas School of Law, Lawrence, KSCatherine A. Rogers, The Pennsylvania State University, Dickinson School of Law,

University Park, PA; Bocconi University, Milan, Italy

ADVISERS [to be announced]


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José I. Astigarraga, Miami, FLJürgen Basedow, Hamburg, GermanyPeter V. Baugher, Chicago, ILAndrew T. Berry, Newark, NJCharles H. Brower II, University, MSMichael K. Brown, Walnut Creek, CAJohn P. Burton, Santa Fe, NMWilliam E. Butler, Carlisle, PA Fabrizio Cafaggi, Florence, ItalyCharles Calleros, Tempe, AZJohn G. Cameron, Jr.,

Grand Rapids, MIElena A. Cappella, Philadelphia, PAJames H. Carter, New York, NYWilliam Richard Casto, Lubbock, TXJohn Allen Chalk, Fort Worth, TXDavid A. Chaumette, Houston, TXTai-Heng Cheng, New York, NYJacob Katz Cogan, Cincinnati, OHDavid K. Cohen, Chevy Chase, MDMichael Marks Cohen, New York, NYEdward H. Cooper, Ann Arbor, MIThomas L. Cubbage, III,

Washington, DC Christopher Scott D’Angelo,

Philadelphia, PAGeorge A. Davidson, New York, NY Evan A. Davis, New York, NYWilliam S. Dodge, San Francisco, CAGordon L. Doerfer, Boston, MAThomas A. Dubbs, New York, NYSheldon H. Elsen, New York, NYRobert Evans III, New York, NYJohn N. Fellas, New York, NYJoseph Z. Fleming, Miami, FLHenry D. Gabriel, New Orleans, LA Richard Garnett,

Melbourne, AustraliaSteven S. Gensler, Norman, OKE. Duncan Getchell, Jr.,

Richmond, VARandy Gordon, Dallas, TXNorman L. Greene, New York, NYMichael Greenwald, Wynnewood, PA

Horacio A. Grigera Naón, Washington, DC

Patricia Isela Hansen, Austin, TXMicalyn Shafer Harris,

Ridgewood, NJMont P. Hoyt, Houston, TXRichard W. Hulbert, New York, NYMark R. Joelson, Washington, DCJennifer J. Johnson, Portland, ORCatherine Kessedjian, Paris, FranceDaniel M. Kolkey, San Francisco, CAJeffrey D. Kovar, Washington, DC Richard H. Kreindler,

Frankfurt, Germany Peter B Kutner, Norman, OK Herbert I. Lazerow, San Diego, CAJohn Leubsdorf, Newark, NJWilliam H. Levit, Jr., Milwaukee, WIEric L. Lewis, Washington, DCAndreas F. Lowenfeld, New York, NYHouston Putnam Lowry, Meriden, CTRobert E. Lutz, II, Los Angeles, CAW. Cullen Mac Donald,

New York, NYPedro Julio Martinez-Fraga,

Miami, FL Carrie J. Menkel-Meadow,

Washington, DCJohn Eric Middleton, Federal Court

of Australia, Melbourne, AustraliaMargaret L. Moses, Chicago, ILRichard M. Mosk, California Court of

Appeal, Los Angeles, CALawrence W. Newman, New York, NYSir Geoffrey Palmer, Wellington,

New ZealandFrank A. Pfiffner, Anchorage, AKC. Ryan Reetz, Miami, FLDavid W. Rivkin, New York, NYSteven S. Rosenthal, Washington, DCLeopold Z. Sher, New Orleans, LA Linda J. Silberman, New York, NYMatthew D. Slater, Washington, DC

MEMBERS CONSULTATIVE GROUP


(as of April 20, 2009)

the american law institute - ali...

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