The idea that jurisdiction compete for business is getting increasing traction – in Germany, with initiatives like “Law Made in Germany” or English language proceedings in German courts, but even more so in England. The Lord Chancellor and Justice Secretary Chris Grayling this week spoke on his initiative “UK Legal Services on the International Stage”. Not surprisingly, he said that London offered an “unrivalled mix of judicial expertise in the fields of finance, business and property.” But then he went on to say that “resolving disputes in the UK is quicker and cheaper – saving businesses up to £1.4bn a year – but still results in cast-iron judgments that are respected around the world.” Read More
Peter Bert's Blog about Litigation, Arbitration and Mediation in Germany – Art Law, Case Law, News etc.