The long-anticipated BVI International Arbitration Centre opened
this month, providing arbitration services in multiple languages
from within the British Virgin Islands.
The BVI International Arbitration Centre will offer four hearing
rooms (the largest of which will be able to accommodate 200
people), six break-out rooms and two translation rooms. It will
also offer, from the Arbitration Centre's list of over 150
arbitrators, qualified arbitrators from all around the world.
Parties will also have the option of selecting their own
arbitrators. The new centre will host arbitrations in a large
number of languages, with the principle languages being English and
Spanish.
The BVI offers numerous advantages for litigation, arbitration
and alternative dispute resolution due to its stable government,
sophisticated, well-developed court system and established track
record as a leading and cost competitive international financial
services centre. Users of the BVI