“SECRET” TRIALS IN THE LONDON COURT OF INTERNATIONAL ARBITRATION

A special report from the Private Eye in the UK says that there is still one court process that remains closed to the outside world: arbitration. It says that it is a system that can help allegations of illegal or criminal behaviour stay hidden.  The London Court of International Arbitration, based in Fleet Street, is one of the most globally favoured locations for settling big-ticket commercial disputes in private.  Where arbitration rather than civil litigation is stipulated in international contracts for resolving disputes, English law and London are often the choice. Hearings are behind closed doors. Evidence is confidential.  Decisions are known only to the parties involved.  Last year there were a record 346 cases – up 25%.  However, there is criticism that the lack of transparency provided by arbitration, especially where foreign states are involved, means serious issues of public interest – such as allegations of corruption – may never come to light.

https://www.private-eye.co.uk/pictures/special_reports/closed-courts.pdf

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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