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| Amsterdam’s appeal court. Photo: Depositphotos.com |
Senators on Tuesday
backed plans to establish an international commercial court in the Netherlands,
which will specialize in complex international trade disputes.
The new tribunal
is being set up because of demand for a specialised, English language tribunal,
legal experts say.
The Netherlands Commercial Court will have two chambers, one
based at Amsterdam district court and one at the court of appeal on the IJ
waterfront.
Justice minister Sander Dekker told senators during their debate on
the plans last week that companies which currently take legal action in English
only have the choice of arbitration or to go to London. ‘Both options
are somewhat expensive,’ he said.
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