Thomas Carbonneau is the Samuel P. Orlando Distinguished Professor of Law at Penn State's Dickinson School of Law. Professor Carbonneau is commonly regarded as one of the world's leading experts on domestic and international arbitration. He serves on the editorial board of La Revue de L'Arbitrage and is the author of ten highly acclaimed books and 75 scholarly and professional articles on arbitration. Professor Carbonneau was formerly the Moise S. Steeg Jr. Professor of International Law at Tulane University School of Law.
International commercial arbitration (ICA) is many things positive. Because business transactions cannot take place without a functional system of adjudication, ICA has enabled parties to engage in and pursue international commerce.1 As a result, it has had an enormous impact upon the international practice of law,2 the structuring of a de facto international legal system,3 and the development of a substantive world law of commerce.4 In a word, ICA has been a vital engine in the creation of a transborder rule of law.5 Furthering this design, the arbitral “method” has ever been applied to the unruly political problems that attend international trade and the implementation of international trade policy.