Importance of venue selection in international arbitration
By Michael Ostrove, Claudia Salomon, and Bette Shifman
The choice of where an arbitration is venued, known as the seat or the place of arbitration, has important implications and should not be made lightly. The venue of an arbitration impacts the role of local courts in relation to the arbitration, the conduct of the arbitration, and ultimately the enforceability of the award.