New International Dispute Resolution Centre in Sydney

The Australian Government has announced that it will fund the establishment of a new arbitration and dispute resolution centre in Sydney. The Centre will be modelled on similar international arbitration centres in Hong Kong and Sinagapore. “Australia is well placed to capitalise on the booming global market for cross border dispute resolution, particularly in the Asia Pacific region” said Australian Attorney General, Robert McClelland. Alex Baykitch (a partner at Holman Fenwick Willan’s Sydney office who is involved in establishing the Centre) says that while the new Centre will likely attract a number of matters from Asia and the US, Asian firms should not be concerned about losing a flood of work to Sydney.

New International Dispute Resolution Centre in Sydney asia.legalbusinessonline.com Tue, Mar 9, 2010