RT Journal Article
SR Electronic
T1 International Arbitration
JF The Journal of Structured Finance
FD Institutional Investor Journals
SP 33
OP 43
DO 10.3905/jsf.2003.320303
VO 9
IS 1
A1 Daniel E. Gonzalez
A1 George F. Hritz
A1 Marcos Rios
A1 Richard C. Lorenzo
YR 2003
UL https://pm-research.com/content/9/1/33.abstract
AB International arbitration has for many years been the preferred dispute resolution mechanism in large cross-border transactions involving Latin American nations, assets, or parties. The region as a whole is moving in the right direction towards perhaps becoming an active force in the promotion of international arbitration globally. It is too soon, however, to advise U.S. companies involved in major cross-border transactions to consider Latin American seats of arbitration in their arbitration clauses, to liberally choose Latin American laws to govern their complex international arrangements, or to select Latin American arbitration institutions to administer their proceedings. International arbitration most likely will continue to develop and expand in Latin America in the coming years. Now the main question is how best to tailor the arbitration clause to meet the specific needs of the deal and the peculiarities of the countries and parties involved.