The Aftermath of the Financial Crisis: Why Arbitration Makes Sense for Banks and Financial Institutions

Klaus Peter Berger

The financial crisis is changing the litigation culture in the banking and financial industry. This change will have a significant impact on the way in which these disputes will be settled in the future. Banks and other financial institutions should consider an alternative means of dispute resolution through arbitration which allows them to have their disputes decided by party-appointed expert judges in confidential and speedy proceedings.

Law and Financial Markets Review, Vol. 3, No. 1, Jan 2009: 54-63.

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