By the 1950s, the postwar economic explosion demanded a stronger solution to enforcing cross-border arbitration.
In 1958, more than 50 delegations representing 45 countries gathered in New York to solve this problem once and for all. The AAA was among the organizations selected to help guide the discussions.
What could have been chaos turned out surprisingly cordial.
The result was an agreement that was key to arbitration becoming the go-to solution for international commercial disputes.
Read the full story here:
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