Brandon Malone, Chairman of the Scottish Arbitration Centre and Co-director of the ICEA took part in the Energy in the 21st Century session at the Global Law Summit in London on 24th February. Speaking on energy dispute resolution, Brandon said:
“The fall in the oil price appears to be causing increased disputes in a number of areas of the sector as pressure on budgets mounts. Client and advisors need to plan ahead and cater for disputes, so as to minimise the damage caused. Arbitration in Scotland offers a lower cost, zero publicity option, with restricted rights of appeal, which may help mitigate the damaging effects of a dispute in terms of lost management time, expense, and damage to reputation.”
For the full story, see the Scottish Arbitration Centre Website by clicking on this link.