The UK Law Commission’s review of the Arbitration Act 1996 has concluded with the publication of its final recommendations. The final recommendations present a welcome set of practical changes that fine-tune legislation that is already widely considered to be functioning effectively—and for which, as the Law Commission affirmed, there was
UK Law Commission publishes final recommendations for Arbitration Act 1996 Reform
The commercial benefits of arbitration over litigation are increasingly being recognized in the financial services sector.