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But these processes are not international arbitration aswe know it. The modern reality is that parties do not generallywant the open-textured discretion of internationalarbitration’s past or rampant partisanship of decisionmaking.16 Rather, they prefer the outcomes of their disputesto be warranted by a record and independent legal analysisand so that they can have a fair process which justifies theexpenditure of significant legal fees on dispute resolution inpursuit of broader commercial objectives
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