Dispute resolution
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Does local law allow for a choice of governing law?
Frequency/market practice: Yes
What is the common governing law?
Frequency/market practice: Swiss law
Is litigation or arbitration more common? If arbitration, where?
Frequency/market practice: Arbitration is still more common, frequently in Geneva or Zurich according to the rules of arbitration of the Swiss Chambers of Commerce (Swiss Rules of International Arbitration of the Swiss Chambers' Arbitration Institution).