Emerging Trends In International Arbitration

Law360, New York (June 7, 2013, 2:09 PM EDT) -- International arbitration remains a growing form of dispute resolution, especially in certain sectors such as construction and energy. Here are some of the noteworthy trends being witnessed in the field. First, contrary to some forecasts, investment treaty arbitration between investors and states continues to thrive. Second, there is some uncertainty about the future of class action arbitration, at least in the United States. Third, third-party funding of claims is now on the rise in international arbitration. Finally, clients remain concerned about lowering costs and increasing the efficiency of international arbitrations. In response, arbitral institutions and tribunals continue to find innovative mechanisms to address these concerns....

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