Define: Ad Hoc Compromis

Ad Hoc Compromis
Ad Hoc Compromis
Quick Summary of Ad Hoc Compromis

Ad Hoc Compromis refers to an agreement between multiple countries to seek assistance from an arbitrator or international court in resolving a specific problem. The term “ad hoc” signifies that the agreement is specifically tailored for that particular issue and does not extend to any future problems. This contrasts with a “general compromis” where countries agree to utilise an arbitrator or court for any potential issues that may arise in the future.

Full Definition Of Ad Hoc Compromis

Ad hoc compromis refers to an agreement made between two or more countries to bring a particular dispute before an arbitrator, an arbitral tribunal, or an international court. For instance, if two countries find themselves in disagreement over a border dispute, they may opt to present the matter to an ad hoc arbitral tribunal. This tribunal would be specifically established for the purpose of resolving this dispute and would cease to exist once the matter is resolved. Ad hoc compromis differs from a general compromis, which involves countries submitting all or a specific category of disputes that may arise between them to an arbitral institution, a court, or an ad hoc arbitral tribunal by means of a general arbitration treaty or by incorporating an arbitration clause in a treaty. In essence, ad hoc compromis provides countries with a means to settle specific disputes without resorting to violence or other detrimental methods.

Ad Hoc Compromis FAQ'S

An Ad Hoc Compromis is a legal agreement between two parties to settle a dispute outside of court.

Any type of dispute can be settled through an Ad Hoc Compromis, including commercial, civil, and family disputes.

Yes, an Ad Hoc Compromis is legally binding once both parties have agreed to the terms and signed the agreement.

Yes, an Ad Hoc Compromis can be enforced in court if one party fails to comply with the terms of the agreement.

It is recommended to have a lawyer draft an Ad Hoc Compromis to ensure that all legal requirements are met and the agreement is enforceable.

Yes, an Ad Hoc Compromis can be amended if both parties agree to the changes and sign a new agreement.

If one party breaches the Ad Hoc Compromis, the other party can seek legal remedies, such as damages or specific performance.

The duration of an Ad Hoc Compromis depends on the terms agreed upon by both parties.

Yes, an Ad Hoc Compromis can be used in international disputes as long as both parties agree to the terms and the agreement is enforceable in both countries.

The advantages of using an Ad Hoc Compromis include cost savings, confidentiality, and the ability to tailor the agreement to the specific needs of both parties.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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