Mark your calendar for the upcoming SIArb Lecture 2024. Join us to learn more about “International Commercial Courts and International Commercial Tribunals: Collaborators, Competitors or Coopetitors”.
Date: 09 October 2024
Time: 5:30pm to 7:15pm
Venue: Maxwell Chambers (Virtual option available)
Event Synopsis
Over the last two decades, international commercial courts have burgeoned across the globe. However, there is wide divergence in their
features and objectives. The London-headquartered Standing International Forum of Commercial Courts (SIFoCC), whose 58-member
jurisdictions comprise 70% of G20 countries, was also established in 2017.
What precipitated this development? Are they the outcome of an intuitive response by State Courts to stay relevant, or instead, caused
by a need for improved mechanisms to facilitate global commerce? Is international commercial justice now being commoditised as caviar
justice for businesses and, if so, why? Are there other underlying reasons, such as asserting smart power on the regional or global stage?
Have creases in international commercial arbitration—like increasing costs, lengthy proceedings, ethical dilemmas, limited jurisdiction
for joinder, bounded precedential value, and restricted review—contributed to this development? Will these revamped State Courts
supplant international commercial arbitration tribunals, or will they coexist and complement each other? Are they competing or
collaborating with arbitration, as well as among themselves, for judicial work and thought leadership? Might coopetition undermine
traditional notions of judicial comity and introduce more uncertainty in the resolution of international commercial disputes?
Is the ‘arbitralisation’ of justice by international commercial courts and the ‘judicialisation’ of processes by commercial tribunals leading
towards a convergence of pathways to better resolve international commercial disputes? Could artificial intelligence accelerate this
convergence? These are some of the topical issues that this Lecture will explore.
To register, simply click here. Do note that registration deadline is on 20 Sept 2024 and seats are based on first-come-first-served. Registration is only confirmed upon receipt of full payment.
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09 Oct 2024 - 09 Oct 2024 05:30PM - 07:15PM SIArb Lecture 2024 |
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