Chapter § 8.06 Conclusion

• Jurisdiction: United States
• Publication year: 2020

§ 8.06 Conclusion

Arbitration has become the preferred—if not necessary—means of resolving disputes arising from complex cross-border transactions because it provides parties a neutral forum in which to resolve their disputes and relative ease in enforcing awards internationally. It also provides parties the flexibility to create a bespoke dispute resolution process tailored to the particular transaction and specific dispute.

With this flexibility, however, comes the responsibility to manage the process to ensure it remains efficient and cost-effective. Careful management must begin while the...