Is owing of a debt under a contract agreement a dispute to warrant arbitration?
Question by Blake: Is owing of a debt under a contract agreement a dispute to warrant arbitration?
I have a 1 year agreement with a company to offer technical services. The company claimed they ran into financial problems 2 months into the agreement and declared force majeure. Arbitration clause provides for arbitraton in event of dispute. I want to go straight to court to enforce the debt. I am contending that there is no dispute to warrant arbitration. Is this tenable?
I do not quite believe that mere owing of a debt or refusal to pay due obligation simpliciter constitute a dispute
Best answer:
Answer by uvtstudents
only if contract is in violation with a certain law or not in line with normal business conduct
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