11 JULY 2013

On 17 May 2013, new commercial arbitration legislation commenced in Queensland which replaced the previous Commercial Arbitration Act. The new legislation was introduced following a review undertaken by the Standing Committee of Attorney-General into industry experience with the previous legislation. In particular, the previous legislation was considered by many to be ineffective by too closely imitating the court process and being too readily subject to court intervention. The new legislation is also part of a general push for uniform commercial arbitration legislation Australia-wide.

The advantages of commercial arbitration, as well as other forms of alternative dispute resolution (“ADR”), are: Continue Reading