London can hold off Paris as top dispute resolution destination

 

With Brexit prompting the launch of English language common law commercial courts in Paris and Amsterdam, British judges forced to retire at 70 could soon be launching new careers in commercial dispute resolution across the Channel, says the Times’ Jonathan Ames. But Jonathan Wood, a partner at the City firm RPC, says London’s position as a litigation centre is unlikely to be under immediate threat. Eleni Polycarpou, co-head of arbitration at Withers, agrees, stating that “the decades-long experience and the quality of international cases currently still coming here will take a long time to match.” Elsewhere in the paper, Mr Ames reports on the record number of commercial litigants from the former Soviet Union heading for London to settle disputes. But Shantanu Majumdar at Radcliffe Chambers says litigation from the former Soviet countries is in “its own bubble” and ” the real test will be how many contracts made since [Brexit] have chosen courts in other countries to resolve future disputes because of concerns about difficulties of enforcement in the EU”.

The Times, Page: 57 The Times, Page: 47

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