ESSAY QUESTION: The 2015 International Arbitration Survey by Queen Mary, among other things, that London was the most widely used and the most preferred seat for arbitration, the majority of respondents do not favour an appeal mechanism on the merits in commercial arbitration and enforceability of awards was seen as arbitration’s most valuable characteristic. What is the current position on being able to challenge an arbitration award under the Arbitration Act 1996, and have the English courts interpreted these provisions narrowly or liberally? Do you consider that an appropriate balance exists in England between the finality of awards and the grounds that exist for challenging them?
Tha total quantity of words shall be 5000 including footnotes.
(Bibliography is not included in 5000 words)