Bahrain hub for dispute resolution
Manama, September 29, 2011
Bahrain has been identified as a regional hub for dispute resolution by an international expert in the field.
Speaking at the 'Workshop on International Arbitration', Canadian Tim Martin described Bahrain as a key destination for international companies seeking alternative dispute resolution and paid particularly high praise to the Bahrain Chamber for Dispute Resolution (BCDR-AAA).
"The BCDR-AAA's unique services, including its free arbitration zone and its full incorporation of international best practice in alternative dispute resolution, make it a natural hub for commercial disputes in the Gulf and beyond," he said.
"In sharing international best practice, the BCDR-AAA is further demonstrating its commitment to working with these sectors to manage and resolve industry-related disputes across the Middle East," he added.
Aimed at both the public and private sectors, the workshop was organised by the BCDR-AAA for a select group of senior executives and lawyers from Bahrain and Saudi Arabia. It focused on international arbitration and mediation as key mechanisms for the management of risk and conflicts arising from contracts in international business.
The workshop forms part of BCDR-AAA's ongoing efforts to provide senior executives and lawyers from the public and private sectors with the latest in best practices and establish Bahrain as the centre for alternative dispute resolution in the Middle East.
Twenty-two senior lawyers and executives attended the event, which was run in conjunction with MEOS and MEPEX, at the BCDR-AAA headquarters in Manama. – TradeArabia News Service