Energy and Finance Sectors Drive Growing International Arbitration Caseloads

McGuireWoods LLP
Contact

Energy and Finance Sectors Drive Growing International Arbitration Caseloads -

International arbitration case filings are surging and show no signs of letting up, according to recent reports from the world’s leading international arbitration institutions. The latest statistics released by prominent international arbitration administrators worldwide show consistent annual growth in international arbitration matters, including a continued uptick in energy/resources- and banking/finance-related claims.

This is due to a confluence of factors, the primary ones being that international dealings in those sectors remain prevalent and those deals utilize international arbitration provisions to resolve disputes arising from those agreements. International arbitration is preferred over national courts because, among other reasons, it provides a neutral forum for international disputes and multiple options for enforcing and collecting on awards rendered in almost 160 countries.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© McGuireWoods LLP | Attorney Advertising

Written by:

McGuireWoods LLP
Contact
more
less

McGuireWoods LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide