Join Andrea Kramer, a partner at McDermott Will & Emery LLP, for this informative 6-part series on International oil and gas contracts. In Part II, she discusses why arbitration in the international oil and gas industry can be preferable to litigation. Topics include: 1. the international arbitration process; including ad hoc arbitration; 2. UNCITRAL arbitration rules; institutional arbitration; and other important arbitration institutions and rules; and 3. issues with international arbitration procedures to address in contract negotiation, including key elements of an arbitration clause; selected basic, general and specialized clauses; enforcement considerations; real examples of defective arbitration clauses and how to prevent them; and contract provisions to prevent defective arbitration clauses. Note: While programs in this series build on each other, each also stands alone. Accordingly, attendees may take the entire series or any individual programs they choose.