With the war in Ukraine ongoing and the after-effects of the pandemic ‘only slowly subsiding, global markets are in turmoil’, writes Cadwalader special counsel Simon Walsh, in this week’s NLJ. And what always increases during times of turmoil? Disputes.
Walsh looks at the growing trend towards the use of arbitration for financial disputes, and the factors driving this. He highlights the attractions of the courts as well as the motivations for choosing arbitration, and notes some of the circumstances in which parties may choose the latter. For example, where counterparties are sovereign states, or where they are located in emerging markets.
Moreover, Walsh considers the impact of Brexit, which is ‘also playing a part in the increasing adoption of arbitration’.
Issue:
8002
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Categories:
Legal News
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Arbitration
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ADR
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Financial services litigation
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Profession
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