For many clients, whether corporate entities or private individuals, the prospect of airing disputes in public can have many disadvantages. The flexibility, efficiency and confidentiality of arbitral proceedings, and the ability to select the arbitral panel, mean therefore that arbitration is often a more attractive solution than litigation before a court. In international cases there is the added benefit that arbitral awards are directly enforceable under the New York Convention in over 160 jurisdictions.
Our barristers are regularly involved in preparing and presenting cases before arbitral tribunals, both seated in the UK and in other jurisdictions abroad. Members of Chambers are therefore familiar with procedures and hearings conducted in accordance with the rules of a variety of arbitral bodies (e.g. LCIA, UNCITRAL, ICC).
Barristers of 4 Stone Buildings also sit as arbitrators. They are on the data-bases and panels of many arbitral organisations (UK and overseas), such as:
- Arbitration Foundation of Southern Africa (AFSA)
- BVI International Arbitration Centre (BVI AC)
- Dubai International Arbitration Centre (DIAC)
- International Chamber of Commerce (ICC)
- Hong Kong International Arbitration Centre (HKIAC)
- London Court of International Arbitration (LCIA)
- London Metal Exchange (LME)
- Minor Metals Trade Association (MMTA)
- Mumbai Centre for International Arbitration (MCIA)
- Netherlands Arbitration Institute (NAI)
- Stockholm Chamber of Commerce (SCC)
