With six specialist lawyers providing expert advice, we offer a highly experienced, partner-led, cost-effective service. We aim to resolve disputes quickly and pragmatically, to achieve the best outcome for all our clients.
It is often said that one of the main reasons business-people choose to use arbitration to resolve their issues instead of litigation is a desire to keep their disputes away from the public gaze. National courts are public forums and litigation brought in court is open to public scrutiny.
Successful challenges to arbitral awards are rare. The case of K -v- A [2019] EWHC 1118 (Comm) is one of those highly rare cases where a Gafta Award was subject to a successful challenge.
Arbitration has many advantages over litigation, but one of the fundamental tenets behind arbitration, is the provision of a relatively inexpensive and quick means of resolving commercial and trade disputes.
One of the primary advantages of arbitration is the relative ease of enforcement of arbitral awards in states which are signatories to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958.
Finality is one of the key selling points of arbitration. Consequently, challenging an award before the English court is far from easy. There are obstacles in the path of any challenge or appeal and the available grounds are limited and closely scrutinised.
When a dispute arises which must, under the terms of an arbitration agreement, be referred to arbitration, the need might arise for urgent interim measures to protect a party’s position pending the outcome of the arbitration.