UK trade with Spanish-speaking countries amounts to approx £70bn. With coronavirus related travel restrictions set to continue for the foreseeable future, and increased international litigation in Spanish-speaking countries, we have developed a virtual Hispanic Dispute Resolution Centre in London via our offices based in the Strand.
At our Spanish mediation and arbitration centre, we have a core of bilingual Spanish and English-speaking lawyers, comprising of:
- former Judiciary
Together they have deep expertise in international arbitration in different markets, providing a solution for faster dispute resolution, avoiding the time and expense of traditional litigation, and can facilitate the smooth handling of the ADR from start to finish.
Hispanic Trade in The United Kingdom
Spain is the UK’s 7th largest trading partner (50.4£bn). Meanwhile, Latin America’s largest and fastest-growing economies, including México, Chile and Colombia are major opportunities for post-Brexit world trade.
With the impact, Covid-19 is having on business and the global economy, trade disputes will increase on many fronts between these countries. The judicial system in these Spanish speaking countries are on the verge of collapse and in the UK, the delaying of court cases is starting to raise serious concerns.
The Hispanic Dispute Resolution Centre is intended to help affected businesses avoid ordinary litigation before the Courts by choosing a specialised arbitration institution that will manage their cases with a list of well-known arbitration experts.
Given its importance in the Arbitration sphere, London is the best-suited location for the Hispanic Arbitration Centre’s main seat because it offers:
- Relative contractual certainty offered by English law.
- Reliability, neutrality and impartiality of the English judiciary.
- Support for the arbitral process offered by English courts and the Arbitration Act 1996.
- UK’s position as a signatory to the Convention on the Recognition and
- Enforcement of Foreign Arbitral Awards 1958 (New York Convention).
How we can help
If you would like to resolve your disputes through a dynamic, flexible and economically competitive system please contact our team for more details on our Hispanic Dispute Resolution Centre.