Are banks making the most of arbitration?

The ICC publishes its report on the use of international arbitration in financial disputes.

Litigation has traditionally been the forum of choice for dispute resolution in international finance. This preference for litigation prompted the International Chamber of Commerce Commission on Arbitration and ADR (the ICC) to set up a Task Force to study financial institutions’ perceptions and experience of international arbitration. The report, published on 9 November 2016, is the product of interviews with approximately 50 financial institutions and banking counsel.

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Ben Giaretta, Partner, Ashurst, London

Lynn Dunne, Partner, Ashurst, London