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The aftermath of the financial crisis: why arbitration makes sense for banks and financial institutions

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Abstract:

The financial crisis is changing the litigation culture in the banking and financial industry. This change will have a significant impact on the way in which these disputes will be settled in the future. Banks and other financial institutions should consider an alternative means of dispute resolution through arbitration which allows them to have their disputes decided by party-appointed expert judges in confidential and speedy proceedings.

Document Type: Research Article

Publication date: January 1, 2009

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  • Law and Financial Markets Review is a new, independent, English language journal devoted to providing high quality information, comment and analysis for lawyers specialising in banking and financial market issues and to others with interests in legal and regulatory developments affecting the financial markets. Published bi-monthly LFMR contains articles written by leading experts providing a forum for practical guidance on, as well as reflective and topical analysis of, all major jurisdictions, with a particular focus on the interaction between the law and market practice and behaviour.
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