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There is a strong interest in international arbitration in Latin America, says Claudia Salomon, global co-chair of the International Arbitration Practice at Latham & Watkins. Its latest arbitration guide is now available in Spanish. 
Wednesday, November 13, 2013
Special Reports

Latham Publishes Spanish Arbitration Guide


Latham & Watkins makes its latest arbitration guide easily accessible to Spanish speakers in Latin America.

BY LATINVEX STAFF

Latham & Watkins has published a Spanish version of its latest Guide to International Arbitration, a manual designed to help cross-border investors and global companies navigate the complicated landscape of transnational disputes and successfully resolve them. The guide, which has also been published in Chinese and French, was developed by members of Latham & Watkins' International Arbitration Practice.

Claudia Salomon, global co-chair of the International Arbitration Practice at Latham & Watkins, says the firm has received a very positive reaction from Spanish speakers that prefer reading the guide in their native language.

“It sends a strong message that Latin America is an important part of the world and an important part of our practice and we value their business,” she says. 

Latinvex: Why did you decide to translate the guide into Spanish?

Salomon: International arbitration is an important method for resolving cross-border disputes for many of our clients in Spain and in Latin America.  In addition, Latin American parties are increasingly involved in cross-border contracts and investments and thus need to understand how to draft their dispute resolution clauses and the strategic issues they should consider when involved in an international arbitration.  We hope the Guide to International Arbitration provides a good overview of these issues. 

How has the reaction been so far to the publication of a Spanish version of your arbitration guide?

We have received an extremely positive reaction.  Spanish speakers, even if fluent in English, appreciate the opportunity to have this information in Spanish and recognize and appreciate that Latham & Watkins has taken the extra step to make this resource available to them.  It sends a strong message that Latin America is an important part of the world and an important part of our practice and we value their business. 

To what degree are you seeing interest in Latin America for arbitration versus litigation?

We are seeing a strong interest in international arbitration in Latin America for two key reasons.  First, international arbitration awards are more easily enforced than court judgments.  Second, foreign parties do not necessarily want to litigate against their counter-parties in their home courts. 

How successful has arbitration been for resolving cases in Latin America?

The laws and courts in numerous countries in Latin America are becoming more friendly toward international arbitration, as it is recognized as important to international commerce and frankly good for the local economies.  

 

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