Click cover to download

(Subscriber-only password access)

Not a subscriber?

Click here to join the FREE mailing list and receive password access

International arbitration has an important role to play in resolving commercial disputes, particularly in light of developments over the last two years. The coronavirus (COVID-19) pandemic has given rise to many new disputes since its onset, and arbitration has played a crucial part in helping to settle many of them. At the same time, the pandemic has profoundly changed the arbitral process. Virtual hearings, for example, have flourished by necessity and are expected to remain a more permanent fixture through 2022 and beyond.

In the technology space, companies are increasingly turning to international arbitration, particularly for disputes involving cryptocurrency, blockchain and artificial intelligence (AI). Accelerated digital transformation and innovation will continue to impact the disputes landscape, giving rise to new types of commercial conflict.

A further area of consideration is the rise of environmental, social and governance (ESG) issues, which are beginning to dominate legal, political and business agendas, requiring companies to rethink the way they do business. Moving forward, international arbitration is ideally placed to help resolve ESG disputes as companies implement policies and adapt to meet net-zero and energy transition goals. For the arbitration industry itself, initiatives designed to improve professional, ethical and environmental standards in the way arbitration is conducted, including those aimed at increasing diversity and reducing the carbon footprint associated with travel to in-person hearings, will remain key topics of discussion.

Against this backdrop, Financier Worldwide turns to some of the leading lights in their field, who share their stories…

© Financier Worldwide