Arbitration has many advantages over litigation, but one of the fundamental tenets behind arbitration, is the provision of a relatively inexpensive and quick means of resolving commercial and trade disputes.
When a dispute arises which must, under the terms of an arbitration agreement, be referred to arbitration, the first step will be for the parties to appoint the tribunal. Finding the right arbitrators and ensuring that the relevant contractual, statutory or institutional requirements are complied with is vital.
There has been much speculation on what will happen to European IP rights in the UK following Brexit. Rights holders now have greater clarity following the publication of the draft withdrawal agreement under negotiation between the UK and the EU. Here is a brief synopsis of the main points agreed so far.