Clifford Chance
Support grows for arbitration in Australia - from start to finish
21 May 2012
Australia’s attractiveness as a forum for international arbitration continues to
grow following the implementation of a raft of changes to both its international
and domestic arbitration legislative regimes, as well as the strengthening of
support for international arbitration amongst the Australian judiciary.
Two recent cases - ENRC Marketing AG v OJSC “Magnitogorsk Metallurgical Kombinat”
[2011] FCA 1371 and Traxys Europe SA v Balaji Coke Pvt Ltd (No 2) [2012] FCA 276 - decided under Australia’s newly amended arbitration legislation provide good examples of these developments.
This briefing gives an overview of the significant changes to the international
and domestic arbitration framework in Australia, and provides a brief summary
of the recent decisions against the background of this legislative reform.
