Kernrechtsfrage
Whether the AMFA clause validly excluded state court jurisdiction in favor of arbitration for disputes with the respondent.
Extrahierter Entscheid
No valid and enforceable arbitration agreement could be established from the wording of Art. 22 AMFA.
Extrahierte Begründung
The clause did not clearly show an unequivocal intent to submit disputes exclusively to arbitration; 'to binding arbitration through the AAA or to any other US court' was linguistically compatible with an alternative submission to a state court. The clause was therefore not sufficiently clear and definite.