Singapore Convention Week 2023: Unfolding Conversations
Arbitration has been widely regarded as the dominant Alternative Dispute Resolution (“ADR”)mechanism. One of its main attractions is the extensive and almost global enforcement of arbitral awards through the New York Convention. By contrast, prior to the Singapore Convention on Mediation, settlement agreements reached through mediation have not enjoyed the same ease and breadth of enforcement. With so many options, how should parties decide or choose the most appropriate and current dispute resolution mechanism to resolve present and future maritime and international trade disputes? The SCMA is pleased to host a discussion to distill the key considerations to arrive at an answer to this question and contemplate the future of ADR. To this end, the SCMA has curated a diverse and esteemed panel, comprising arbitrators, mediators, adjudicators, commercial judges, legal practitioners, and industry professionals to share their unique perspectives.