ICC Commission Report Identifies Financial Institutions’ Preferences and Experience With International Arbitration

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The report reveals trends in the use of arbitration, dispels common misconceptions and provides insights about when to choose arbitration.

On November 9, 2016, the ICC Commission on Arbitration and ADR’s Task Force on Financial Institutions and International Arbitration released the results of a two-year study regarding the advantages of arbitrating disputes involving financial institutions. The report synthesizes detailed feedback from interviews with more than 50 financial institutions around the world about their experience with international arbitration.

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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.

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