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Ireland as a seat for international arbitration post-brexit

Document Citado por Relacionados
Vincent
AutorJoe O'Malley
Páginas375-384
Ireland as a seat for international arbitration
post-brexit
Joe o’malley
RVLJ, N.º 13, 2020, pp. 375-384.
Sumario
1. Current Dominance 2. The Brexit Effect 3. Close Scru-
tiny. Enforcement 4. Other Practical Concerns 5. Arbitration
in Ireland. Concluding Remarks
1. Current Dominance
Choosing the seat of arbitration is often a fundamental component of inter-
national trade. The impor tance of this choice was neatly stated by the US Su-
preme Court in Bremen vs. Zapata Off-Shore Co 407 U.S 1, 13-14 (1972);
«the elimination of all such uncer tainties by agreeing in advance on a forum
acceptable to both parties is an ind ispensable element in international t rade».
The choice of arbitral seat has critical importance in relation to the arbitral
procedure that will apply and the availability of court measures to support
arbitration and regulate appeals against awards. Commercially astute par-
ties generally want to arbitrate in a place where they know they will re ceive a
fair, impartial and expeditious arbitration with a skilled arbitrator and repre -
sentatives in a process that will be suppor ted, if necessary by the local courts
who also recognise the f‌inality of awards.
London has undoubtedly been the most dominant choice as the seat for
international arbitration taking a 45 % share of the market, according to

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