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Article: Arbitration in Japan.(Interview)
- Article from:
- Japan Inc.
- Article date:
- September 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Japan Inc. Communications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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J@pan Inc interviewed Haig Oghigian, one of Japan's leading arbitration lawyers from Baker & Mckenzie GJBJ Tokyo Aoyama Aoki Koma Law Office, about the growing trend towards using arbitration to resolve commercial disputes. He has acted as counsel and arbitrator in over 35 cases.
Has there been a substantial growth in arbitration in Japan?
Absolutely. In large part this is due to what you might term the 'soft recession' of the last 10 years--companies are less prepared to leave money on the table and more prepared to fight for their money. More broadly, another key reason is the result of the rapidity of economic globalization; the percentage of trade ...