A report by Jus Mundi, the search engine for international law and arbitration, has revealed the growing importance of arbitration in international construction in the past two years.
Jus Mundi surveyed all construction cases in traditionally popular centres, highlighting the strategic importance of selecting the correct seat. Paris and London were the most selected, but São Paulo was surprisingly popular. Notably, the Brazilian Arbitration Act allows State entities to use arbitration, meaning the State of São Paulo often appears as a party in several disputes for the transport systems construction.
Jean-Rémi de Maistre, Jus Mundi CEO, said: “In an increasingly international landscape, disputes are global and arbitration cases are on the rise, which is seen in the number of cases in the construction industry over the past two years.’
.tmb-mov69x69.jpg?sfvrsn=28793f10_1)
