Arbitration was supposed to be the solution for international companies seeking to resolve disputes without expensive and drawn-out court battles. But it is starting to look more like the problem.
Once a swift, cost-efficient method of resolving international commercial disputes, the process is now often bogged down in long and costly legal proceedings.
In this article that appears in ABA Journal, Paul Hastings' Joseph Profaizer details some of the current trends affecting international arbitration
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