Preliminary agreement and arbitration clause

An arbitration clause stipulated in the preliminary agreement (that is, a kind of agreement to agree, which is enforceable under Italian law) was not included in the final agreement. In any case, the disputes concerning the later have to be referred to the Arbitral Tribunal. This was the ruling of the Court of Appeal of Venice (decision no. 2361 of 12 October 2015 of the I Civil Chamber of the Appeals Court of Venice, Italian text available here).

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