Document Type
Article
Publication Date
1991
ISSN
0041-3992
Publisher
Tulane Law Review Association
Language
en-US
Abstract
Lenders and borrowers traditionally have gone before judges rather than arbitrators to resolve controversies arising out of international loan agreements. Arbitration has been relatively rare, even ill-favored, in financial dispute resolution. Except with respect to performance guarantees and securities, arbitrators seldom decide controversies arising out of financial transactions. The disfavored status of arbitration in banking contrasts sharply with arbitration's position as the preferred adjudicatory mechanism in trans-border commercial relationships.
Recommended Citation
William W. Park,
When the Borrower and the Banker Are at Odds: Arbitration and International Finance
,
in
65
Tulane Law Review
1323
(1991).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/1780