On Monday, 18 September 2017, the American Chamber of Commerce in Thailand (AMCHAM), along with the British Chamber of Commerce in Thailand and the Australian-Thai Chamber of Commerce, will host the following event. We encourage our clients and friends to attend.
International Arbitration: the worst form of cross-border dispute resolution — except for all the others
September’s Legal Committee meeting has been organized in conjunction with the British Chamber of Commerce in Thailand (BCCT) and the Australian-Thai Chamber of Commerce (AustCham) will focus on how arbitration works, its infirmities, the New York Convention and the fact that international arbitration is really the only game in town for international transactions because of the enforceability of awards and other issues. The program will include a discussion of a curious and little known form of arbitration known as investor-state arbitration, and an example of a investor-state arbitration matter involving Thailand. We will also address the importance of well drafted arbitration clauses, because an arbitration will only proceed as smoothly as a contract’s arbitration clause, which makes this often overlooked and hastily drafted clause the most important clause of a contract if and when a dispute arises.
Any form of dispute resolution in Thailand can be extremely expensive. One of the best ways to try to resolve disputes and often incentivize parties to informally resolve disputes is to have a well drafted dispute resolution clause.
Our speaker, Paul H Cohen, has written some interesting articles on, for example, choice of law provisions, and provides some counter-intuitive comments on why the law that is most frequently selected may not be the best law.
Paul is co-head of an international arbitration practice. He has represented a sovereign East Asian government in investment treaty arbitration against British and Saudi bankers; an offshore entity in arbitration enforcement proceedings (SDNY); advised silicon chip manufacturers in international disputes involving Singapore, Vietnam and China; represented an aircraft manufacturer in dispute against European military purchaser; advised an international publishing company on anti-corruption compliance. Click here to learn more about his background.
Contact AMCHAM here to register to attend this important event.