IRVINE, Calif., July 9, 2018 /PRNewswire/ -- On Thursday, July 5, the California State Assembly approved California Senate Bill 766, a measure that will allow the participation of out-of-state and non-U.S. lawyers in international arbitration proceedings in California. The bill is now pending approval from Governor Jerry Brown.
In response to the passing of the bill, Chris Poole, President and CEO of JAMS, the largest private provider of mediation and arbitration services worldwide, said:
The passing of SB 766 will position California as a leading market for international arbitration proceedings by allowing the participation of out-of-state and non-U.S. lawyers. It will not only bring advantages to California, our businesses, and the statewide economy, but it provides a sophisticated legal market for businesses and attorneys participating in international arbitration proceedings. California's well established policies – including the Federal Arbitration Act and the California International Arbitration Act – favor arbitration as an efficient alternative to litigation, and provide clear, distinct legal framework for practitioners. Historically, California has demonstrated a track record of enforcing arbitral awards.
California's economy – the 5th largest in the world – coupled with some of the world's largest, most well-connected airports and world-class hotels and restaurants ensure a convenient and comfortable stay for attorneys and their clients from outside jurisdictions.
JAMS welcomes the opportunity to work with out-of-state and internationally-based attorneys and their clients, and is well-positioned as a leading, independent international arbitration provider to oversee these disputes. With a significant presence in California, our international arbitrators are familiar with the local legal community, culture and environment, and attorneys and clients benefit from our cost- and time-efficient approach to international arbitration. JAMS International Arbitration Rules and JAMS International Clause Workbook serve as key resources for international advocates.
The passing of SB 766 is a welcome development along with the many benefits it will bring to California and the international arbitration community.
About JAMS
Founded in 1979, JAMS is the largest private provider of mediation and arbitration services worldwide. With Resolution Centers nationwide and abroad, JAMS and its more than 350 neutrals are responsible for resolving thousands of the world's important cases. JAMS may be reached at 800-352-5267. More information is available at www.jamsadr.com and you can connect with us on Twitter and LinkedIn.
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