2020 has arrived now, so what should businesses and
practitioners expect? We look at current arbitration trends and
where they might lead in the next twelve months and the years
ahead.
Brexit
A year ago it looked as if Brexit was finally about to happen.
One year on, we are in the same position again, although a lot has
happened in between. At one point it seemed likely that the UK
would leave the European Union (EU) without a Withdrawal Agreement
(a 'no deal Brexit'), which would have been hugely
disruptive, not least in relation to the enforcement of English
court judgments in mainland Europe. As a result, many parties chose
to include arbitration agreements in their agreements for the first
time, and this should lead soon to an increase in the number of
London-seated arbitrations taking place.