Arbitration
Where privacy and confidentiality are at stake, enforcement is likely to take place in an emerging market, or a neutral forum is desirable, arbitration can be an attractive alternative to traditional litigation.
When parties choose to arbitrate, they are choosing to have their dispute determined in private by a tribunal appointed by them rather than in public by the national court of a particular state. Unlike the judgments of some state courts, arbitration awards are widely enforceable via the New York Convention, to which the significant majority of the world’s countries are signatories.
It is common for commercial contracts to contain arbitration clauses agreeing that any disputes between them will be resolved by arbitration. However, parties can also agree to arbitrate disputes on an ad hoc basis. In either case, our dispute resolution team is expertly placed to advise on whether arbitration is likely to be the best option when resolving your dispute.
If an arbitrable dispute should arise, our extensive experience of successfully managing all types of arbitrations – from small, single-issue disputes to complex, high-value, cross-border claims – will allow you to move forward with confidence. We have acted on arbitrations in a range of industry sectors (including construction, banking, oil and gas, pharmaceuticals and investment funds), under all the major institutional rules (including the LCIA and ICC Rules) and across a variety of seats, with and against leading barristers and firms, both in the UK and internationally.
