Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Dealing in Virtue: International Commercial Arbitration and the Construction of a Transnational Legal Order

Dealing in Virtue: International Commercial Arbitration and the Construction of a Transnational Legal Order

Dezalay, Yves
Garth, Bryant G.
Bourdieu, Pierre

Paperback

Series: Chicago Law and Society

Business GeneralGeneral Law

ISBN10: 0226144232
ISBN13: 9780226144238
Publisher: University of Chicago Press
Published: Jul 20 1998
Pages: 354
Weight: 1.07
Height: 0.76 Width: 5.92 Depth: 8.87
Language: English
In recent years, international business disputes have increasingly been resolved through private arbitration. The first book of its kind, Dealing in Virtue details how an elite group of transnational lawyers constructed an autonomous legal field that has given them a central and powerful role in the global marketplace.

Building on Pierre Bourdieu's structural approach, the authors show how an informal, settlement-oriented system became formalized and litigious. Integral to this new legal field is the intense personal competition among arbitrators to gain a reputation for virtue, hoping to be selected for arbitration panels. Since arbitration fees have skyrocketed, this is a high-stakes game.

Using multiple examples, Yves Dezalay and Bryant G. Garth explore how international developments can transform domestic methods for handling disputes and analyze the changing prospects for international business dispute resolution given the growing presence of such international market and regulatory institutions as the EEC, the WTO, and NAFTA.

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