Confidential, quicker and cheaper dispute resolution: arbitration
Stuart Dutson and Alex Sussman published an article in the Alternative Investment Management Association (AIMA) Journal – Edition 115, setting out the benefits for asset managers of using arbitration to resolve their disputes.
According to a recent survey by the International Chamber of Commerce, the asset management industry rarely use arbitration to resolve disputes, even though arbitration has the potential to be, in many cases, a superior alternative to court proceedings.
Some potential advantages include:
- being able to choose and set your own rules of the procedure instead of being bound by the court rules of procedure
- limited disclosure
- an expedited procedure
- arbitration awards are often easier to enforce out of jurisdiction than English courts judgments.
Read the full article here
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