Law Prof Part of Effort to Improve International Arbitration Cases
"In international arbitration cases, billions of dollars and the validity of government regulations can be at stake, so it is imperative parties are able to choose the best arbitrator to settle their disputes. A University of Kansas law professor is part of a project working to improve the information available to parties in such cases, making the process fairer and more efficient and increasing the diversity of people deciding international arbitration cases.
Christopher Drahozal, the John M. Rounds Professor of Law, is a member of the board of directors of Arbitrator Intelligence, Inc., also known as AI, an entity affiliated with Penn State University that aims to promote fairness, transparency and accountability in the arbitrator selection process. When disputes arise under international treaties, contracts and investment deals, the parties often choose to submit the dispute to arbitration, where an independent third-party rules on the case, instead of the traditional court system.
'Arbitration is different from litigation in court because in arbitration the parties pick the person who resolves their dispute (the arbitrator). But arbitration can become less fair if one party has better information about prospective arbitrators than the other,' Drahozal said. 'AI seeks to equalize the information available to parties selecting arbitrators by collecting and disseminating feedback on how international arbitrators manage and decide cases.'"