Commercial Arbitration – does it really have a future?
<div><div><p>With the passing of the <em>Commercial Arbitration Act 2011 </em>(Vic) and similar Acts in all other States of Australia the opportunities for domestic commercial arbitration to really take hold appears now to be high.</p><p>This article examine...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Victoria University
2014-10-01
|
| Series: | Victoria University Law and Justice Journal |
| Subjects: | |
| Online Access: | http://vulj.vu.edu.au/article/view/62 |
| Summary: | <div><div><p>With the passing of the <em>Commercial Arbitration Act 2011 </em>(Vic) and similar Acts in all other States of Australia the opportunities for domestic commercial arbitration to really take hold appears now to be high.</p><p>This article examines what may be seen to be seven benefits arising under the new <em>Commercial Arbitration Act 2011</em>, namely:</p><p>(a) privacy and confidentiality;</p><p>(b) efficiency;</p><p>(c) specialist expertise;</p><p>(d) informality;</p><p>(e) the ability of the arbitral tribunal to exercise a great degree of control;</p><p>(f) interim measures;</p><p>(g) limited appeals.</p></div></div> |
|---|---|
| ISSN: | 2202-7912 2203-2908 |