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3 Choice of the seat of arbitration contd.
Which seats have corporations
used most frequently over the
past five years, why were they
selected and how do their users
rate them?
The most commonly referred to seat was
London (45 respondents). 29% of
respondents rated London ‘excellent’ and
40% rated it ‘very good’, i.e. almost 70% are
very happy with London as a seat of
arbitration. Some of the main reasons parties
used London were its reputation as a neutral
and impartial jurisdiction, the law governing
the substance of the dispute and established
contacts with specialist lawyers. Language
and cultural familiarity were also mentioned by
some respondents.
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