Forum Selection Clause

A clause in a contract which selects a particular forum for any disputes arising in connection with the contract. Some caution should be exercised the jurisdiction chosen for such clauses, in that not all jurisdictions around the world will allow disputes with no practical connection with that forum to be heard in its courts. However, New York and England & Wales broadly uphold forum selection clauses. The forum selected may also be arbitration, however, care should be taken to ensure that the seat of the arbitration is properly specified.