Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.643584
Title: Is there scope for the wider application of fast-track arbitrations in the resolution of international commercial disputes?
Author: Serbest, Fatih
Awarding Body: King's College London (University of London)
Current Institution: King's College London (University of London)
Date of Award: 2013
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Abstract:
Arbitration has long been the preferred method of resolving commercial disputes as, at its best, it is both cheaper and quicker than litigation. But by the 1980s many international commercial arbitration cases were proving so slow and expensive that its advantages were being questioned. At this time several approaches were tried to make arbitration faster and cheaper. ‘Fasttrack arbitration’ was one of these new approaches. In the last 25 years fasttrack arbitration has become “institutionalized”, as an increasing number of institutions have enacted specific sets of expedited rules. Despite this trend, there is still uncertainty over whether fast-track procedures can become a viable alternative to conventional international arbitration. With more than 25 years of practical application of FTA to look at, it is time to ask the question which forms the title of this thesis: Is there a scope for the wider application of fast-track arbitrations in the resolution of international commercial disputes? In order to find an answer, this thesis looks at the development of regular arbitration and why it changed from a swift and economic method of solving disputes into the cumbersome and unpopular method of the 1980s. We will then consider the various attempts that were made to improve the situation, culminating in the development of international fast-track commercial arbitration (IFTCA) that we see today. Having examined the defining features of IFTCA, the thesis will be in a position to weigh the evidence on whether there is a scope for the wider application of fast-track procedures.
Supervisor: Capper, Phillip; Lomnicka, Eva Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.643584  DOI: Not available
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