Key takeaway
London arbitration remains attractive to commercial parties because English law treats arbitration awards as final and binding, while the English courts continue to adopt a restrained approach to intervention. Although challenges remain available under the Arbitration Act 1996, including under sections 67, 68 and 69, the statutory framework and recent case law reinforce the finality of arbitration awards and the commercial certainty of London-seated arbitration.
Why do commercial parties choose London arbitration?
When making a choice on a dispute resolution framework, key considerations include costs and the speed of proceedings, which makes arbitration a smart alternative to court litigation. Another central consideration concerns the selection of a legal regime with a strong pro-arbitration stance, among which London arbitration continues to enjoy global prominence.
