Arbitration and Dispute Resolution
Arbitration for the oil, gas & mining industries with perspectives from legal experts, trial and in-house counsel, international arbitrators and academics.
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Why International Arbitration?
Steven Walker (Seminar Director) talks about the world of arbitration. |
The world is a global market place as never before. Legal individuals contract with others across the globe. The rules of doing business and resolving disputes vary dramatically across the world. How different are other parts of the world, where corruption reigns supreme and corrupt local courts, together with a lack of well developed jurisprudence, make sensible local litigation an almost impossibility. Geopolitical and other risks, which impact directly on investment, need to be controlled and managed.
With increasing globalisation comes the absolute necessity of how best to protect a transnational investment. Parties can take steps to protect their investment by international arbitration. They can choose where and how to resolve their transnational disputes. They can take the dispute out of the country where the dispute has arisen and resolve it in a neutral third country and by doing so protect their investment.
The key element which makes international arbitration so popular is that it is supported by an international legal framework. Parties benefit from a judgment - termed an Award - that is generally more effective and enforceable than a judgment of a National Court thanks to the New York Convention, which has now been ratified in 144 countries.
If you conduct transnational business, or you advise those who do so, you cannot afford not to know about international arbitration. What better time than now to learn new skills (or improve on existing skills) than by attending either (or both) of these two 5 day conferences, which will explore the legal and practical issues arising in the resolution of oil and gas disputes through international commercial and investment arbitration?