By: Michael Ostrove, Claudia Salomon, Bette Shifman
The first comparative book exploring the relative merits of arbitral seats worldwide, this work is both a tool for strategic choice of venue, and a companion for practitioners in unfamiliar jurisdictions. Expert analysis of the history and development of arbitration is coupled with guidance on the practical realities of all major venues.
The book "Choice of Venue in International Arbitration" is a comprehensive guide edited by Michael Ostrove, Claudia Salomon, and Bette Shifman. Here is a detailed overview of the book:
Importance of Venue:
Comparative Analysis:
Legal Considerations:
Practical Insights:
The book does not have a traditional plot but rather a structured analysis of the key issues related to the choice of venue in international arbitration. It is divided into chapters that explore various aspects of venue selection, including:
The book has received positive reviews from the legal community for its comprehensive and insightful analysis of the complex issues surrounding venue selection in international arbitration. Claudia Salomon, one of the co-editors, is a prominent figure in the field of international arbitration, and her contributions to the book have been particularly well-received.
Claudia Salomon, in an interview, highlighted the importance of carefully selecting a venue. She noted that parties should focus on the selection of venue at the contract drafting stage and specify the venue for the arbitration in the dispute resolution clause. This approach can help in commencing the arbitration smoothly and ensure that local courts of the selected venue assist the parties in various stages of the arbitration process.
Overall, "Choice of Venue in International Arbitration" is a valuable resource for legal professionals, arbitrators, and businesses involved in international arbitration. It provides a thorough understanding of the critical role of venue selection and offers practical guidance to navigate the complexities of international arbitration.