Research On The Third Parties In International Business Arbitration

International Business Arbitration is one of the Alternative Dispute Resolutionthat the dispute is submitted to the arbitration basing on the intention of the parties.With speeding of the integration of world economy, frequency of internationalcommunication and international disputes, international Business Arbitration has beenextensively used to resolve the international commercial disputes due to its highlyautomatic intention, flexibility of applicative law, and effectiveness of executiveawards. While international business is becoming complex, assignment of rights andobligations, multi-parties, agent, group of companies and other law phenomenaemerged, more and more countries have started to recognize and accept joining thethird parties in the international business arbitration. Many scholars and empiricaloperators have plunged into exploration and analysis on the possibility and rationalityof establishing the third parties system into. However, our scholars did not pay moreattention on that. The third parties in the International Business Arbitration and thegroup of companies doctrine are still controversy in the world, the author will try herbest to explore and analysis, as well as bring more scholars and empirical operators tostudy this filed, in order to inject the new blood into our Business Arbitration.The article is combining a lot of foreign materials and cases with the latestdomestic materials from classification to conclusion in order to improve internationalarbitration. What’s more, the author will propose new points, which is when and howjoin the third parties to the arbitration on the base of group of companies’ doctrine.