- New York offers a well-established body of law providing a reliable platform for adjudicating and resolving disputes.
- In New York, the arbitrators have authority to determine whether there is arbitral jurisdiction, so long as parties showed an intention to resolve matters in arbitration.
- New York arbitrators have authority to decide on defenses to arbitrability without court interference.
- Arbitrations in New York are not subject to United States discovery practices, which may be burdensome and time-consuming.
- The New York State Bar Association (NYSBA) has adopted a policy to conduct international arbitrations in accordance with internationally accepted practices.
- New York offers many experienced arbitrators of diverse backgrounds, minimizing potential conflicts of interest.
- New York has state and US federal statutory and common law that favor arbitration as a matter of public policy, eliminating hurdles in enforcing arbitration agreements.
To learn more about international arbitrations in New York, check out the NYIAC website here [1].
To learn more about Castaybert PLLC’s arbitration practice, click here [2].