1. Sir Peter Cresswell

2.  London - a leading centre for dispute resolution ◦ Highly competitive international market ◦ No reason for complacency  A full range of dispute resolution services ◦ The Commercial Court/Chancery Division ◦ Arbitration ◦ Expert Determination ◦ Adjudication ◦ Mediation  By ◦ Persons who are undoubtedly independent ◦ Within a reasonable time ◦ At a reasonable and proportionate cost

3.  The amount of consideration on sale and purchase of businesses and companies  Valuation of shares in private companies  Partnership disputes  Swaps and derivatives  Letters of credit DOCDEX  Rent reviews

4.  Who influences the use of clauses in contracts providing for expert determinations? ◦ The transactional lawyers ◦ The commercial parties  Ad hoc references post dispute  Statistics?

5.  Reasons?  Time?  Cost?  The desirability of businesses solving disputes quickly  Legal advice for the expert  Generally no formal hearing  Parties appointing their own additional experts to be discouraged Academy of Experts ED Rules ICC Expertise Rules

6.  The dispute resolution landscape is changing  London – a leading centre for dispute resolution  A full range of dispute resolution services ◦ The Commercial Court/Chancery Division ◦ Arbitration ◦ Expert determination ◦ Adjudication ◦ Mediation  By ◦ Persons who are undoubtedly independent ◦ Within a reasonable time ◦ At a reasonable and proportionate cost  Who promotes London?