As reported by global arbitral institutions, there has been a continued increase in international arbitration around the world. Now, more than ever, companies are looking to arbitration as a preferred method of dispute resolution, and there are no signs that things are slowing down.
This trend has also continued in the United States and Canada over the course of the pandemic, where delays in courts have made cross-border parties more amenable to arbitration. Both countries have incorporated arbitration into their legal regimes in similar ways, but a number of critical differences exist between them, which US companies doing business in Canada and vice-versa should be aware of as they navigate arbitration procedures.
We hosted a moderated discussion on what Canadian business needs to know to operate and manage risk when considering arbitration in the US.
Reminder!
We will be hosting a session on March 10th for US businesses considering arbitration in Canada and how to manage risk. Follow this link for more details and to register!
If you have any questions, please contact dentonscanada.events@dentons.com.