Delegation offers Australia as leading venue for international dispute resolution

Australia has become a key forum for the resolution of international disputes in Asia, with a solid and robust legal framework that is attractive to international investors. A spokesperson from India’s single major investor in Australia - the Adani Group – told a delegation of Australian industry leaders in Mumbai and New Delhi that: “Australia provides a neutral venue to resolve disputes, given its robust legal and professional services infrastructure.” The delegation, which included Clayton Utz head of international arbitration and major projects, also the president of the Australian Centre for International Commercial Arbitration (ACICA), Doug Jones, the Chief Justice of NSW, the Hon Tom Bathurst, and Michelle Sindler, CEO of the Australian International Disputes Centre (AIDC), went to India to make its case that Australia was superior to major competitors Singapore and Hong Kong as a destination for dispute resolution, because of the modest comparative costs and sophisticated legal framework.

Delegation offers Australia as leading venue for international dispute resolution thenewlawyer.com.au Mon, Mar 12, 2012