A Look at California’s International Arbitration Future
by Gary Benton and Giorgio Sassine
From its sunlit beaches to its fog-spangled hills, California hosts the world’s fifth largest economy, boasting among its accomplishments Hollywood entertainment, Silicon Valley technology, and Central Valley agricultural produce. In addition to its strong trade ties within the Americas and with Asia, California is home to the largest shipping ports in the Americas, and Los Angeles is the busiest port in the Western Hemisphere. And with a focus more on Asia than Europe and a commitment to due process, diversity, and leadership in industry, trade, and innovation, California is uniquely positioned as a gateway for trade and growth throughout the Pacific region.
California, being California, is ever in search of the next new “it.” California’s $3.1 trillion economy, fine weather, good wine, and multi-cultural embrace make it a welcoming destination for new opportunities. From the looks of it, international arbitration is poised to be California’s next starring role.
An UNCITRAL Model Law Jurisdiction that Protects Parties
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