Overall, the data in the inaugural study confirmed that Latin American arbitral institutions were becoming increasingly sophisticated and reliable.23Latin American "seats" of arbitrationAs in the rest of the world, in Latin America international arbitration is the preferred method to resolve cross-border disputes.24 In recent years, Latin American countries have worked to modernize their legal frameworks to accommodate international arbitration and the arbitration of cross-border disputes. Investment arbitration however, and international investment agreements in Latin America, have persistently stood the test of time.41 Latin American countries continued signing new investment arbitration agreements, even recently. 2 Hamilton, Jonathan C., et al., "Latin American Arbitration and Investment Protection," in Latin American Investment Protections: Comparative Perspectives on Laws, Treaties, and Disputes for Investors, States, and Counsel (Jonathan C. Hamilton, et al., eds.) 16 Jonathan C. Hamilton, Three Decades of Latin American Commercial Arbitration, University of Pennsylvania Journal of International Law (2008) (including a compendium of Latin American arbitration laws and treaties). 36 Jonathan C. Hamilton, "A Decade of Latin American Investment Arbitration," in Latin American Investment Treaty Arbitration: The Controversies and Conflicts (Kluwer 2008).

Source: New York Times October 26, 2021 19:57 UTC