Courts In Competition – China Takes The Lead?

The competition for dispute business around the world seems to be gaining momentum. Whether it is the French courts launching English language courts to try and attract business from London or the International Centre for Settlement of Investment Disputes (ICSID) consulting on changes to its rules for resolving disputes between foreign investors and states. Many different dispute resolution providers are modernising their procedures.

The International Court of Arbitration of the International Chamber of Commerce (ICC)  updated its rules already in December 2016. The revised rules, which came into force in March 2017 were designed to increase efficiency and transparency of the process.