David Walden-Smith from 29 Bedford Row and Nigel Shepherd from Mills & Reeve discuss the implications of the recent judgment of the President, S v S, on arbitration as an alternative to court.
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Webcast, published: 21/02/2014
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- Decision of the President making it clear that consent orders following an arbitral award under the IFLA scheme should be approved by the court. The President said 'Where the parties have bound themselves, as by signing a Form ARB1, to accept an arbitral award of the kind provided for by the IFLA Scheme, this generates, as it seems to me, a single magnetic factor of determinative importance.' The President concluded the judgment with a call to the FPR Committee to look at the Rules to support the necessary procedural adaptation in the light of alternative forms of dispute resolution. Judgment, 15/01/2014, free
Published: 21/02/2014
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