2017 | Febrero 16
New Jersey has taken the first step toward becoming a global center of international arbitration by enacting the International Arbitration, Mediation, and Conciliation Act (the “Act”) on February 6, 2017. The Act provides the framework for making New Jersey an attractive destination for resolving international business and trade disputes.
The Act should raise New Jersey’s profile in the international trade and commerce dispute resolution industry and promote a global alternative to civil litigation in the busy federal and state court systems.
New Jersey International Arbitration, Mediation, and Conciliation Act