GMXC Featured in NJ Law Journal

The New Jersey Law Journal recently featured GMXC in an article that focussed on international commercial dispute resolution utilizing the mixed-mode solution under NJ law.

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After years in the planning stage, an organization offering arbitration and mediation of cross-border business disputes has opened its doors in New Jersey.

From its base in Jersey City, Global Mediation Exchange Center administers a hybrid process combining aspects ofarbitration and mediation. Dispute resolutions reached with the help of its roster of experienced neutrals can beconfirmed as judgments in 172 countries under a U.N. treaty known as the New York Convention.

International trade is exploding, but American businesses doing business in other countries can still struggle to resolvedisputes and enforce judgments. U.S. courts may lack jurisdiction, and even if a judgment is obtained, executing itabroad can be time-consuming and costly, according to the founders of GMXC.

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You can read the full article here (you must register if you are not a subscriber).