Is Paris a well-regarded seat of arbitration?
Yes, Paris has a long-standing reputation as an excellent arbitral seat. French arbitration law has long been viewed as a model for other countries, and French jurisprudence regarding arbitration is widely considered to be clear and well established. Courts have been supportive of arbitration for decades, and French law thus provides parties with legal certainty that their agreement to arbitrate will be enforced. It allows the parties complete freedom to organize their arbitration, subject only to internationally recognized minimum standards of due process. Many of the best rules established by French courts over recent years were incorporated into a new amendment to the French arbitration law in January 2011.
- Will I easily find interpreters and court reporters in Paris to assist me during my arbitration?
- How often will I have to travel to Paris during the arbitral procedure?
- Is there any major consideration to take into account when selecting the seat of arbitration?
- Can I select Paris as the seat for an ad hoc arbitration?
- Is Paris a good choice of seat for institutional arbitrations?
- Does the law applicable to the contract usually determine the seat of the arbitration?
- When I decide to hold an international arbitration in Paris, am I free to choose the language of the procedure and the law that will govern my contract?
- By holding my arbitration in Paris, am I obliged to conduct the arbitral proceedings with French arbitrators and lawyers?
- In choosing Paris as my seat of arbitration, do I guarantee the independence of my arbitrators?
- Is there any advantage to choosing Paris as the place of arbitration for an ICSID or other arbitration between a State and a private party?
- Can I easily find specialists in my field in Paris?
- Does France have its own “idea” of what international arbitration means?
- Is Paris a leading venue in terms of the number of arbitrations held over recent years?