CLAUSE 15. ARBITRATION
15.1 For domestic dispute resolution matters, whereby
Purchaser and ABB are registered in the same country, any dispute
or difference arising out of or in connection with the Contract,
including any question regarding its existence, validity or
termination or the legal relationships established by the Contract,
which cannot be settled amicably, shall be submitted to the
jurisdiction of the competent courts.
15.2 For cross border dispute resolution matters, whereby
Purchaser and ABB are registered in different countries, unless
agreed otherwise in writing between the parties, any dispute or
difference arising out of or in connection with the Contract, including
any question regarding its existence, validity or termination or the
legal relationships established by the Contract, which cannot be
settled amicably, shall be finally settled under by arbitration in
accordance with the Arbitration Rules of the Thai Arbitration
Institute, Office of the Judiciary of Thailand as in effect at the time
of arbitration. All proceedings shall be conducted in English and
take place in Bangkok.