France’s arbitration law is to be reviewed by the justice minister as part of an emphasis on modernisation, while collaboration with the courts and diversity were also in the spotlight as Paris Arbitration Week began.
Paris has an ambition “to offer the world a city of international legal standing”, said France’s minister of justice, who opened Paris Arbitration Week 2024 (PAW) this morning (18 March) with a promise to update the French arbitration law.
The Ministry of Justice has brought PAW under its patronage as part of the Paris, place de droit (Paris, City of Law) campaign, with Minister of Justice Éric Dupond-Moretti saying in his opening address that it was “hard to think of anywhere other than Paris as a place to bring together the world of international arbitration”, due to the presence of the ICC International Court of Arbitration, which he said has hosted 28,000 cases in the last century, and today handles more than 700 cases per year.
His remarks were endorsed by ICC Court president Claudia Salomon, who welcomed the legislation review, saying local support was “truly the defining aspect of Paris as a seat of arbitration, a city of law, a city that cares about being supportive of international arbitration”.
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Read the full article by Andrew Mizner, published in CDR, on 18 March 2024.
