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International arbitration center opens

The New York State Bar Association on Monday joined leaders in international law in celebrating the opening of the New York International Arbitration Center in New York City.

“The New York State Bar Association is proud to have played an active early role in bringing this center to New York City,” said NYSBA President David M. Schraver of Rochester (Nixon Peabody). “New York has a long and illustrious reputation as a global center for the resolution of complex international legal issues. The opening of the New York International Arbitration Center solidifies that reputation and sends a strong message that New York remains firmly committed to meeting the needs of the worldwide legal community for many years to come.”

The center is a nonprofit organization formed with the support of 36 law firms to advance, strengthen and promote the conduct of international arbitration in New York.

Located at 150 East 42nd St. in Manhattan, the state-of-the-art facility features large hearing rooms equipped with video-conferencing equipment, LCD monitors and facilities for simultaneous interpretation. The facility will provide a venue for arbitration and mediation sessions conducted by independent entities. The sessions will begin in July.

Former state Chief Judge Judith S. Kaye hosted the opening reception. For more information, visit: www.nyiac.org.