By Timothy Foden, Associate, Allen & Overy LLP and Tiernan Fitzgibbon, Trainee, Allen & Overy LLP
The Dublin Dispute Resolution Centre opened its doors for business on 1 November 2012 and joins a growing number of venues in Dublin, such as the Dublin International Arbitration Centre and the Ormond Building, which cater for alternative dispute resolution (ADR). This continued growth in the number of Irish ADR centres comes on the back of a concerted effort by both the private and State sector to promote Ireland as a venue for international arbitration. Following the passing of the Arbitration Act 2010, which was largely based on the UNCITRAL Model Law on International Commercial Arbitration, Arbitration Ireland was formed as a cross sector lobbying group to promote Ireland as a venue for international arbitration. To date, Arbitration Ireland has held road shows in New York, Washington, London and Paris to highlight Ireland’s advantages as a venue for international arbitration given its neutrality, arbitration friendly legislation and judicial system. This promotion was also very much in evidence at the recently held International Bar Association Annual Conference in Dublin in early October of this year which attracted legal and arbitration practitioners the world over to experience the best in Irish hospitality and help cement its growing reputation as a forum for international arbitration.