CONTENTS
- An overview of key developments
- More flexible procedures
- Party autonomy
- Reduction in the powers of the courts
- A clear restatement of the law
- Conclusion
- The Norton Rose Arbitration Group
1 AN OVERVIEW OF THE KEY DEVELOPMENTS
"I hope that those from abroad who read the Act will be persuaded that this jurisdiction is an ideal place to hold an international arbitration, since they can now understand what this is likely to entail, and can see that we have tried to reflect generally accepted international views on the proper conduct of the arbitral process." (The Right Honourable Lord Justice Saville)
A new Arbitration Act is set to come into force in England, Wales and Northern Ireland on 31st January 1997. Designed to strengthen London's position as a prime venue for international dispute settlement, the new Act provides arbitration users with a thoroughly modern law to encourage faster, less expensive and less complicated arbitrations. To
