Doug Jones AOFrom: Choice of Venue in International Arbitration
Edited By: Michael Ostrove, Claudia Salomon, Bette Shifman
This chapter evaluates the merits of Sydney as a venue for international arbitration proceedings. It discusses the history and development of arbitration in Australia; the processes and rules involved as well as the role of courts in the conduct of arbitration proceedings; and rules for arbitral awards. It concludes that Sydney has a robust legal framework that adheres to internationally accepted standards. Its judiciary is independent and supportive of arbitration, and Sydney offers affordable and convenient facilities for arbitration, as well as effective institutional support and the availability of specialized legal advice. Given its proximity to some of the world's economic hubs, Sydney is an ideal option for parties who are interested in an affordable, independent, and supportive seat for international arbitrations.