What is the legal consequence when the parties to a dispute appoint their respective arbitrators after reciprocal lawsuits have been filed seeking such appointment?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The appointment by the parties to the dispute of their respective arbitrators after reciprocal lawsuits have been filed seeking such appointment leads to the termination of those lawsuits, as their justification ceases to exist and their objective has been fulfilled.
Legal References & Citations
إقرار الطرفين في الجلسة: 'ثم قرر الطرفان بأن الدعويين المشار إليهما في جلسة اليوم تعدان منقضيتين بعد أن اختار كل طرف محكمه'
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