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Gov’t mulling setting up of regional arbitration hub Courtney Abel December 28, 2020 Government is set to embark on a programme to help to promote the use of arbitration in commercial disputes with Guyana positioning itself as an arbitration hub. And such a move would require facilitating and further developing and upgrading its local arbitration law and practice. According to a recent release from the Ministry of Legal Affairs, consultations have been held with Guyanese-born, retired High Court Justice of Belize, Courtney Abel. A proposal was made and considered, with the blessing of President Irfaan Ali, to help to promote Guyana as an arbitration hub by facilitating and further developing and upgrading its local arbitration law and practice. ....
Guyana to become arbitration hub Hits: 1245 From left: Retired Justice Courtney Abel and Attorney General and Minister of Legal Affairs, Mohabir A. Nandlall. GEORGETOWN, Guyana A proposal to revamp Guyana’s arbitration laws and practice has been accepted by the government of Guyana. The Attorney General and Minister of Legal Affairs, Anil Nandlall has engaged the services of retired Justice of the Supreme Court of Belize, Courtney Abel, to undertake the task of upgrading Guyana’s existing arbitration legislation and make recommendations on developing the country into an arbitration empire. Arbitration is a form of an alternative method of dispute resolution (ADR). It is a private procedure, whereby parties involved in a dispute, submit the dispute to one or more arbitrators, mutually agreed upon, and the arbitrator makes a legally binding decision on the matter. Because of the adversarial nature of the court system, it is usually a last resort opti ....