Is Faster Always Better in ICC Fast Track Arbitration? Beware of the ‘Efficiency Trap’!
In international commercial arbitration, many Chinese enterprises have a misconception about the ICC (International Chamber of Commerce) fast track procedure, believing in a “pure efficiency theory”: some think that “the fast track procedure can shorten time and reduce costs, so all disputes should choose it,” without realizing that the fast track procedure, in pursuit of … Read more
