Dear Friends:
I misplaced a detailed article on this subject. But Google has lot of
information if you care.Day before yesterday the Guardian (03 01 2012)
published the news above succinctly which I reproduce below:
Nine out of 10 commercial cases handled by London law firms now have an
international link, according to government figures. The Ministry of
Justice said a new high court building in London was the largest
“specialist centre” in the world for the resolution of commercial
disputes. Ministers say London’s concentration of legal and financial
expertise is unrivalled. A ministry spokesman said: “More international
and commercial arbitrations take place in London under English law than
in any other city in the world.” The Rolls building, in central London,
was formally opened by the Queen in December. PA
-bhuban
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