Having gained more and more support from governments across numerous Asian countries, arbitration as an ADR mechanism has been steadily gaining traction. This is in particularly accelerated by the current global economy slowdown which has impacted upon both domestic and cross-border transactional works has slowed, and picked up the pace in disputes cases significantly.
In addition, the quality of arbitration centres in the Asia Pacific region have been constantly improving and being extensively promoted both directly and indirectly through arguments that arbitration is ament  much more cost and time effective way of resolving disputes as compared to traditional ways such as litigation which can at times prove to be costly.
Singapore in particular is seen as a rising star in the arbitration field. The International Chamber of Commerce (ICC) has ranked the city-state as the number one seat of ICC arbitration in Asia for the last five years, as well as in the top five most preferred seats of ICC arbitration in the world for the last ten years. On top of that, there are now more arbitrations filed before the China International Economic and Trade Arbitration Commission (CIETAC) and the HKIAC as compared to those filed in traditional arbitral centres like the ICC in Paris and the LCIA.
Arbitration as a choice in resolving international disputes will likewise continue to gain momentum and sour further grow as Asia continues to expand its international business reach.
Asian Legal Business is proud to present the inagural Asia Pacific Arbitration Conference 2016. ALB’s signature annual summit gathers together international and regional arbitrators, in-house counsels, legal practitioners and industry experts to discuss recent developments in Asia Pacific’s arbitration practices and key drivers behind the growing trends in the establishment of new arbitration centres and increasing competition between existing ones, hot pressing legal issues and best practice solutions in the region.
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  • Event Details
  • Start Date: 15/11/2016 9:00 am
  • End Date: 15/11/2016 5:00 pm