In Search of a Neutral Platform
The request for alternative dispute resolution tends to gain popularity for businesses originated in transitional jurisdictions. Usually, their court systems are weak and do not succeed in terms of credibility.
After the recognition of the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) in the 1970s by the U.S. and the Soviet Union as a neutral forum for dispute resolution, the SCC expanded its services in international commercial arbitration. Today, the SCC enjoys the status of one of the most frequently used international arbitration institutions in the world. We asked Annette Magnusson, Secretary General of the Arbitration Institute of the SCC, to share her vision of the SCC role in the CIS region…
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