Commercial Courts In Europe – Alternative To Arbitration?

1. Commercial Courts in Europe - Alternative to Arbitration?

In recent years several European countries have established courts or chambers which solely deal with commercial disputes and are structured so as to attract and better accommodate international parties. Since these Commercial Courts are targeted towards international commercial disputes some question their competitiveness with international commercial arbitration.

In a recent Webinar hosted by the German Arbitration Institute (DIS) and moderated by Hartmut Hamann, renowned lawyers and judges with experience in international commercial disputes shed light on the question whether the European Commercial Courts form a viable alternative to arbitration and in which cases it would be advisable to choose the jurisdiction of these Commercial Courts above an arbitration agreement.