This Client Alert provides an overview of the International Swaps and Derivatives Association's updated arbitration guide that was published in December 2018. It reflects a growing trend to use arbitration for cross-border transactions, particularly those involving emerging markets, and is intended to assist users by providing a range of model clauses which may be used with the ISDA 2002 Master Agreement, the ISDA 1992 Master Agreement under English/New York Law or the new Irish Law ISDA 2002 Master Agreement, which has been introduced as part of Brexit-proofing arrangements.

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