Drafting Dispute Resolution Clause

Summary

To draft a dispute resolution clause, specify that disputes first go to Fiverr Resolution Center. If unresolved, proceed to arbitration in Hong Kong under HKIAC rules. If arbitration fails, allow for lawsuits in Hong Kong courts. Ensure clarity and mutual agreement in the contract.

Full Conversation

am drafting a contract about the dispute resolution part. legally, how can i state my preference to resolve a dispute is *) fiverr resoultion centre *) arbitration in hk *) lawsuit in hk
To include your dispute resolution preferences in a contract, consider the following structure:
*. Fiverr Resolution Center: Specify that initial disputes should be handled through Fiverr's internal resolution mechanisms.
*. Arbitration in Hong Kong: Indicate that unresolved disputes will be subject to arbitration in Hong Kong, specifying the governing rules and arbitration center.
*. Lawsuit in Hong Kong: State that if arbitration fails, parties may file a lawsuit in Hong Kong courts.
Make sure these clauses are clear and mutually agreed upon by all parties involved.
draft me the exact clause that i should include
Here's a draft clause you can consider for your contract regarding dispute resolution:
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Dispute Resolution
*. Fiverr Resolution Center: Any dispute arising from this contract shall first be submitted to Fiverr’s Resolution Center for initial resolution.
*. Arbitration in Hong Kong: If the dispute is not resolved through Fiverr, it shall be referred to arbitration in Hong Kong under the rules of the Hong Kong International Arbitration Center (HKIAC).
*. Lawsuit in Hong Kong: If arbitration does not resolve the dispute, parties may initiate a lawsuit in the courts of Hong Kong.
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Ensure the clause is tailored to fit the specific needs of your contract and is agreed upon by all parties involved.