The Malaysian Corporate Counsel Association (MCCA) recently held a panel discussion on trends and developments in dispute management in Asia.
In collaboration with Malaysian law firm Skrine and international law firm Allen & Overy, the 13 July webinar highlighted recent arbitration cases and provided an overview of the market outlook, as well as practical tips on mitigating risks and managing disputes for investors in Malaysia and the wider Asian market.
“Arbitration has always been a common method of settling commercial disputes in Malaysia,” MCCA president Thavakumar Kandiahpillai told Asia Business Law Journal.
“The Asian International Arbitration Centre, then known by its former name, Kuala Lumpur Regional Centre for Arbitration, was one of the earliest arbitration centres in the region, and was set up in 1978,” he said.
“With changes to arbitration acts over the years [in 2011 and 2018] and our courts supporting the arbitral process, it is indeed a well accepted method of dispute resolution among those doing business in Malaysia.”
The panel discussion drew on local and regional insights from experts including the MCCA’s honorary treasurer, Revantha Sinnetamby, who is also a fellow of the Chartered Institute of Arbitrators and the Asian Institute of Alternative Dispute Resolution.
The panel was moderated by Allen & Overy’s senior associate in Singapore, Cheryl Teo, and included a Q&A session.