CONTENTS

2. Europe: The Rome I and II Regime and the

CLIP Principles ...................................................488
3. Japan: The Transparency Proposal .....................495
III. Law Governing the Arbitration...................................... 497
A. Law Governing the Arbitration in the Absence
of a Choice of Law ................................................... 498
B. Limits on the Parties’ Freedom of Choice ................ 500
IV. Conclusion ..................................................................... 501

CHAPTER 9 .................................................................................... 505

The Impact of Public Policy Considerations
Richard Kreindler, Jean-Yves Garaud
I. Introduction.................................................................... 505
II. Meaning and Function of Public Policy in
International Arbitration ................................................ 507
A. The Function of Public Policy in International
Arbitration Generally................................................ 511
B. The Impact of Public Policy Considerations in
IP Disputes................................................................ 512
III. Public Policy Limitations in International Arbitration
and Their Particular Relevance to Intellectual Property
Disputes ......................................................................... 515
A. Public Policy Limitations to Arbitration as Means
of Dispute Settlement ............................................... 515
1. Arbitrability of the Subject Matter as an
Expression of Public Policy Considerations .......515
2. Nullity of the Arbitration Agreement as a
Possible Result of Public Policy Violations ........522
B. Public Policy Limitations to the Applicable
Substantive and Procedural Law .............................. 523
1. Mandatory Laws as Public Policy Limitations
to the Parties’ Choice of Applicable
Substantive Law ..................................................523
2. Procedural Public Policy as Limitation to the
Conduct of the Arbitral Proceedings ..................528
C. Public Policy Limitations to the Existence and
Enforcement of the Arbitral Award .......................... 529

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