International Arbitration To Resolve Disputes
International Arbitration is a method used to resolve disputes between parties from different countries. It serves as an alternative to court litigation and is often preferred for its efficiency, flexibility, and the ability to select arbitrators with specific expertise.
International arbitration has become a key method for resolving disputes in our increasingly multi-polar world. Its use spans commercial and investor-state disagreements, highlighting its importance and growing acceptance.
Growth of Arbitral Institutions
New arbitral bodies, such as the Dubai International Financial Centre (DIFC) and the Astana International Financial Centre (AIFC), have emerged, catering specifically to commercial arbitration. This expansion indicates the broadening scope and appeal of international arbitration.
Investment Arbitration Alternatives
Institutions like the Singapore International Arbitration Centre (SIAC), the Vienna International Arbitration Centre (VIAC), and the China International Economic Trade Arbitration Commission (CIETAC) offer investment arbitration services. These alternatives to ICSID reflect the diversification and accessibility of arbitration for investment disputes.
Our Expertise in International Arbitration
Our team comprises multi-lingual, multi-qualified lawyers experienced in both common and civil law arbitrations. We represent commercial entities, quasi-state entities, and investors across various sectors, including goods and services sales, construction, shipping, joint ventures, and international trade, demonstrating our comprehensive understanding and capability in international arbitration.
Types of International Arbitration
There are two main types:
- Commercial Arbitration: Involves disputes between companies, often related to international business transactions, contracts, and partnerships.
- Investor-State Arbitration: Concerns disputes between foreign investors and sovereign states, typically arising from investment treaties.