London has long enjoyed a reputation as one of the most popular and trusted arbitral seats in the world. The use of arbitration in England is long-standing and a legislative framework recognizing and seeking to encourage the arbitral process has existed since at least the 17th Century.1 With the advent of globalization and international trade, London has become well established as one of the world’s most preferred and widely used seats. The reasons for England’s success and deserved reputation as an arbitral seat have never depended on membership of the EU.
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