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procédure organisée sur un mode juridictionnel ce qui veut dire qu'elle ressemble beaucoup à la procédure qui est mise en oeuvre par un tribunal de l'Etat, les principales différences sont que ce n'est pas un tribunal d'Etat qui rend les sentences arbitrales, et que même si en principe l'arbitre rend une décision en droit en vertu de la loi, il peut préférer juger non pas en fonction d'une loi mais en équité.

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