Arbitration, Arbitration institution, International arbitration, Madrid International Arbitration Center, Spain
The Madrid International Arbitration Centre Takes off Powered by the Unification of Spain’s Largest Arbitral Institutions
The swift and far-reaching development experienced by arbitration in Spain over the past few decades is unprecedented in the context of other arbitration-friendly jurisdictions. In little more than 40 years, a fully-fledged arbitration system was set up virtually from scratch. In 1977 Spain ratified the New York Convention without reservation, thus entering the international arbitration…