A recent survey suggests that foreign litigants continue to see London as a key international disputes resolution centre, with international parties making up 66% of all cases. The main origins of foreign litigants in this court include: Kazakhstan, Russia, Switzerland and the US. It is interesting to note that litigants often face their own countrymen and women in the Commercial Court.
These findings may provide a little reassurance to those concerned about the impact of Brexit and the international appeal of the jurisdiction.
Whilst the decline from Europe in this survey is notable we echo the views of Sir Geoffrey Vos, who became chancellor of the High Court on 24 October, that the UK's business courts will continue to 'cut the mustard' internationally post-Brexit and will maintain and enhance its reputation for international dispute resolution.
Philip Hall, Head of Portland’s Disputes practice, said: “Our eight years of research is further proof of the attraction of London to litigants around the world. The decline from Europe is however notable – it will be interesting to see if it continues in the coming year.”