London Remains Choice City To Arbitrate Shipping Cases
Law360, London (August 10, 2020, 5:45 PM BST) -- The vast majority of businesses are choosing to settle international maritime disputes in London, far outpacing the city's strongest competitors Singapore and Hong Kong, law firm HFW said in research released Monday.
London's leading position is unlikely to change anytime soon when it comes to the go-to destination to settle arbitration matters, where parties settle cases outside the courts, the law firm said.
Around 83% of all international maritime arbitrations in 2019 were handled in London, which was a 14% increase to 1,737 maritime arbitration cases compared to the previous year, according to the HFW's analysis of statistics from over 10...
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