Webcast in German language – feel free to contact any member of our team for explanations in English.
Arbitration as a dispute resolution tool is a popular alternative to state court proceedings, especially in cross-border disputes. Accordingly, the number of arbitration proceedings is continuously increasing. Above all, the simplified international enforceability of arbitral awards represents a major advantage compared to state court proceedings. The free choice of place of arbitration also enables the parties to achieve the greatest possible neutrality of the arbitral tribunal and thus "equality of arms". This avoids the danger of one party gaining an advantage over the other due to better knowledge of the domestic court system or the language. In addition, arbitration proceedings are not subject to the principle of publicity. Thus, agreeing to arbitration offers advantages especially for legal disputes that require particularly confidential treatment. In particular cases, arbitration can also lead to a more rapid resolution of disputes, as arbitration proceedings - in contrast to state court proceedings - are not conducted over several instances.
Despite the numerous advantages of arbitration, however, agreeing to arbitration is not advisable in every case and may even be disadvantageous in individual cases. The decisive factor is the individual case in which the advantages and disadvantages must be carefully weighed against each other.
In this webcast, our speakers Francis Bellen, Partner at Deloitte Legal, and Iris Kruse, Counsel at Deloitte Legal, will give you an overview of the general process as well as the advantages and disadvantages of arbitration.
In particular, we will address the following topics:
- Design of the arbitration procedure
- Initiation and course of the arbitration proceedings
- Recognition and enforcement
- Advantages and disadvantages of arbitration
- Answering your questions (Q&A)
Please feel free to ask your questions for the Q&A part following our introduction already during your registration.
For organizational questions please contact
Tel: +49 221 9732 4466
Francis Bellen is a partner in the Frankfurt office of Deloitte Legal and Co-Lead of the Dispute Resolution practice group. He has 24 years of experience in litigation and arbitration. His clients include national and international companies from a variety of industries, including banks and private equity houses. He has particularly experience in commercial, trade and corporate law, cartel damages, post-M&A as well as banking and finance disputes. He represents regularly clients in courts (German state courts and the Court of Justice of the European Union) and in arbitration proceedings (e.g., under ICC - International Chamber of Commerce, DIS – Deutsche Institution für Schiedsgerichtsbarkeit and UNCITRAL rules). Moreover, he frequently sits as arbitrator in domestic and international arbitration proceedings. Before joining Deloitte Legal, he worked for other leading international law firms. Francis Bellen is listed, inter alia, by Handelsblatt and by The Best Lawyers since 2014 as one of Germany’s leading specialists for litigation and arbitration in Germany. Francis Bellen speaks German and English. Publications
Iris Kruse joined Deloitte Legal as Counsel in the Dispute Resolution practice at the Frankfurt/Main office. She represents national and international clients from a variety of sectors in litigation before state courts and in domestic and international arbitration proceedings in all areas of commercial law, including general commercial, financial, post-M&A and corporate disputes. Iris Kruse also advises clients in real estate disputes as well as in banking and finance law and insolvency-related litigation. Prior to joining Deloitte Legal, Iris Kruse was an associate at an international law firm in Frankfurt. Iris Kruse is a member of DIS 40. She speaks German and English. Publikationen 26 November 2019: “Global Guide to International Arbitration” 9 May 2019 “Trade Secret Act now a national law in Germany”, Technology Law Dispatch; Co-Author: Anette Gärtner 7 May 2019 “The new German Trade Secret Act – a game changer”; Co-Author Anette Gärtner October 2017 “German Federal Supreme Court applies GS Media to internet search engines”, Leading Internet Case Law; Co-Author Anette Gärtner