The "crème de la crème" of Latin American arbitration participated in a Global Arbitration Review session that showcased the maturity of Latin American seats of arbitration and suggested the region is now a serious rival to Europe and North America. White & Case partner and head of Latin American arbitration Jonathan C. Hamilton led a panel of specialists from Brazil, Chile, Colombia, Mexico, and Peru.
Was the audience persuaded that the era of Latin American seats of arbitration had arrived?
Hamilton thought the case was made for the most stable jurisdictions with good security and the rule of law. He said, "We live in a multipolar world. It's quite clear that some of the arbitration laws in Latin America have in effect skipped a generation of problems experienced elsewhere and gone direct to developing the most cutting edge frameworks in the world." He added, "The world had already changed, whether people sitting in New York or Paris or beyond had realized it."
Did the audience feel the same way? A vote suggested many in it did.