Why London Courts Are So Popular With Foreign Parties
February 28, 2014, 12:37 PM EST
Law360, New York (February 28, 2014, 12:37 PM EST) -- Commercial courtrooms in London are bustling with foreign litigants. A look at the caseload of London’s Commercial Court shows the variety of nationalities involved. This includes Russian and Eastern European oligarchs, Saudi princes and the Berlin underground. In the Commercial Court, in cases that reached judgment from March 2008 to March 2013, 62 percent of litigants were from outside the U.K.
In January 2014, The Legal 500 wrote, “London remains a strong international hub for dispute resolution, and has seen an overall increase in the number...