New York is one of the most frequently selected seats for international arbitration in the world and the most popular seat for arbitration in the Americas. That is because New York offers:
- a pro-arbitration legal framework that reflects a strong policy in favor of international arbitration;
- a judicial system experienced in enforcing arbitration agreements and international arbitration awards;
- a well-developed and predictable commercial law; and
- a pool of experienced international arbitration professionals with expertise in conducting international arbitrations and enforcing arbitration agreements and arbitration awards in the courts.
The choice of the arbitral seat usually determines the procedural law that governs many procedural issues in a case, such as requests for interim measures to recognition and enforcement of an arbitral award. New York’s courts have demonstrated that they fully support the arbitration process and enforce arbitral awards.
Here are some articles that explain why New York is a leading seat for international arbitration:
- Choose New York for International Arbitration (2013)
Investigates why global parties regularly choose to arbitrate in New York – with a long and rich tradition of promoting international arbitration, including having hosted some of the seminal meetings that created the very fabric of modern international arbitration. - An Arbitration Primer for Litigators (2015)
Offers guidance to litigators representing clients in a domestic arbitration in New York. - International Commercial Arbitration in New York (2nd ed, 2016)
Explores why New York is a leading venue for international commercial arbitration, including a chapter on the legal and practical aspects of conducting an arbitration hearing in New York. - Arbitrating in New York: The NYIAC Advantage (2019)
Discusses New York’s role as one of the leading arbitration centers. - Arbitration of International Disputes in New York (2024)
Compiles practical take-aways for international arbitration in New York, including enforceable contractual arbitration clauses.