Jurists hail book on ADR
Eminent jurists have praised the launch of the book “Commercial Arbitration Law and Practice in Nigeria through the Cases”, authored by a renowned arbitrator, Mrs. Adedoyin Rhodes-Vivour at the International Centre for Arbitration (ADR), Lagos.
The book is described as a comprehensive and quick reference material offering practical and in-depth guidance through Nigerian cases.
In his opening remarks, Justice Chima Nweze, a Justice of the Supreme Court and a Professor of law, stated that the book supplies the missing link in arbitration literature, as there has been no major work devoted entirely to cases and materials on arbitration.
“The book, published by LexisNexis would soon prove to be a most invaluable vade mecum for all arbitrators, judges, practitioners, law teachers, law students, policy makers and all who have an abiding interest in Arbitration Law and Practice.”
Elizabeth Oger-Gross a partner in White & Case’s international arbitration group spoke on the topic “The Inter-relationship between Effective Systems of Dispute Resolution & Economic Development”. She described an effective system of dispute resolution as a system that puts an end to the dispute without dragging on forever as well as a system that the parties trust that its outcome is fair whether they lose or not.
She stated that parties in international disputes prefer arbitration as they are often reluctant to subject themselves to the jurisdiction
of the other party’s national courts, adding that international arbitration provides parties with neutrality, enforcement, expertise and speed.
Chief Mrs. Folake Solanke (SAN) cautioned that technicality should not be permitted in arbitration. In her words: “People must be trained to
know what arbitration is all about. Non-legal practitioners must be conversant with laws regulating arbitration.”
However, the Chief Judge of Lagos State, Justice Olufunmilayo Atilade represented by Justice J.E. Oyefeso said the exponential growth of trade and investment in our nation, coupled with our drive to attract direct foreign investment have made it all the more imperative that we develop and sustain viable dispute resolution mechanisms to resolve conflicts when they do arise.