|Thompson & Knight Attorney Bill Katz says Shale Plays Lead to Reliance on Arbitration|
|July 20, 2012 7:59 am|
With a rise in the number of foreign companies seeking to invest in the nation's shale energy resources, the contractual agreements between foreign and domestic companies increasingly may be covered by binding arbitration clauses. "International investors often fear the costs and scope of litigation and discovery in U.S. courts," says Bill Katz from the Dallas office of Thompson & Knight. "Properly structured, arbitration can provide a quicker, more flexible, and less costly means of resolving disputes on a more neutral playing field." Katz says that the protections offered by arbitration and treaties may provide additional assurances for foreign investors that their investments in the U.S. will be adequately protected. "That comfort level can support the investment of financial capital needed by many U.S. companies to discover and produce shale oil and natural gas." For more information, contact Barry Pound at 800-559-4534 or firstname.lastname@example.org.
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