The DFDL team is pleased to announce that two of our legal experts were featured contributors at a business community forum organized by Eurocham and the National Commercial Arbitration Centre (“NCAC”) held at the Hyatt Regency in Phnom Penh on 19 January 2023.
Sophal Yun (DFDL Senior Consultant) served as the moderator of the forum while Seka Hep (Partner, DFDL Cambodia) was a panelist of the panel on corporate and commercial disputes. Seka shared her experiences as a registered arbitrator, and her panel addressed issues such as the latest developments in commercial arbitration and the role of the NCAC, an independent, non-profit organization founded in 2009.
The arbitration process has grown increasingly popular in Cambodia in recent years, specifically as an alternative option to effectively resolve commercial disputes without lengthy – and costly – court procedures.
Even so, many Cambodian business leaders are not fully informed about the arbitration process, or the services offered by the NCAC, which now has 100 registered arbitrators.
We congratulate our DFDL colleagues for sharing their insights and experience at this important and prestigious event.