Arbitration & ADR 

Arbitration is widely accepted as an alternative form of resolving commercial disputes, particularly in the context of international commercial transactions. Unlike litigation, arbitral proceedings are private and flexible in nature. In the international arena, arbitral awards are generally superior to court judgments in terms of their enforceability by reason of the 1958  New York  Convention on the Recognition and Enforcement of Foreign Arbitral Awards. CommBar recognises the growing importance of international arbitration in the Asia Pacific region.  

 

Many of our members have  expertise acting for clients in domestic and international commercial arbitrations.  A number of junior members of CommBar also have experience and expertise in international commercial arbitration derived from a combination of academic study, prior experience at major national and international commercial law firms and serving as Tribunal secretaries on large arbitrations. Finally, CommBar has a number of members who are approved arbitrators with national and international bodies.

 

Our members also have substantial experience  in other forms of alternative dispute resolution (‘ADR’), including mediation, expert determination and hybrid dispute resolution processes. Victoria is a leading Asia-Pacific jurisdiction for ADR. The Victorian government has recently announced its commitment to assisting the growth of ADR in Victoria.  Moreover, corporate clients and others are increasingly focusing on resolving disputes other than by way of litigation before the courts because of the potential cost savings  and other advantages associated with ADR.   ADR is an efficient means of resolving disputes. It helps preserve business and customer relationships, and allows commercial disputes to be resolved by lateral commercial solutions.   

five
top considerations for arbitration & adr
1Arbitration is private and more flexible than litigation
2International arbitral awards afford superior worldwide enforceability
3ADR helps preserve business relationships, offers potential costs savings and lateral commercial solutios
4Melbourne is a leading Asia-Pacific jurisdiction for ADR
5COMMBAR offers substantial expertise and experience in domestic and international commercial arbitrations (and other ADR) across all levels of seniority