International arbitration News, analytics and practice

17Feb/10Off

Why is it that one of the most internationalized business sectors still finds it hard to embrace arbitration?

Arbitration as a means of dispute resolution is on the rise in many areas of business. However, it seems that the Banking & Finance industry is still struggling to accept arbitration as an alternative to state court proceedings. Why is it that one of the most internationalized business sectors still finds it hard to embrace arbitration, although international disputes are one of arbitration’s strengths? What can practitioners do to increase the acceptance of arbitration in the banking and finance sector?

1031019 Why is it that one of the most internationalized business sectors still finds it hard to embrace arbitration?