House Sponsors: COULSON-BIGGERT-SCOTT-KOSEL-WOOD, SCHOENBERG AND RUTHERFORD. Senate Sponsors: HAWKINSON-PARKER Short description: INT'L COMMERCIAL ARBITRATION Synopsis of Bill as introduced: Creates the International Commercial Arbitration Act. Provides that the Act applies to international commercial arbitration in the State of Illinois. Provides for the receipt of written communications, the waiver of the right to object, the extent of court intervention, functions of a court, arbitration agreements, the composition of an arbitral tribunal, the jurisdiction of an arbitral tribunal, the conduct of arbitral proceedings, and the making of an award and the termination of proceedings. Effective immediately. HOUSE AMENDMENT NO. 1. Provides that an arbitration is international if the parties to an arbitration agreement have, at the time of the conclusion of execution of that agreement (instead of at the time of the conclusion of that agreement), their places of business in different countries. Provides that an arbitration is international if the place where the predominant part (instead of a substantial part) of the obligations of the commercial relationship is to be performed is situated outside the country or countries (instead of country) in which the parties have their places of business. Provides that provisions that prohibit certain decisions from being subject to appeal shall not preclude the parties from raising any ground for setting aside or refusing to recognize or enforce an arbitral award to the extent otherwise permitted under applicable federal law. Provides that provisions concerning an expert being appointed by an arbitral tribunal apply unless objected to by one or both parties (instead of unless otherwise agreed to by the parties). Makes other changes. JUDICIAL NOTE, AMENDED No increase in the need for the number of judges in the State. FISCAL NOTE, AMENDED (Administrative Office of Ill. Courts) No fiscal impact on the Judicial Branch. Last action on Bill: PUBLIC ACT.............................. 90-0631 Last action date: 98-07-24 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status