RECENT CLYDE & CO E XPER I ENCE OF THE ARB I TRAT I ON PROCE S S IN COLOMB I A INCLUDE S A USD 60 0 MI LL I ON CL A IM INVOLV ING LONDON RE INSURERS AND T WO LOC AL INSURERS AGA INS T THE CENTRAL BANK OF COLOMB I A . THI S WA S A VERY COMPLE X AND TECHNI C AL C A SE CONCERNING THE INT ERPRE TAT I ON OF A PROFE S S I ONAL INDEMNI T Y POL I C Y IN THE CONTE X T OF A CENTRAL BANK . THE PROCEED INGS – WHI CH INVOLVED THE D I SCLOSURE OF OVER A DEC ADE ’ S WOR TH OF CONTRACTUAL DOCUMENTAT I ON BOTH IN ENGL I SH AND SPANI SH , A DOZEN WI TNE S SE S AND F I VE LOC AL AND INT ERNAT I ONAL E XPER T S – WERE COMPLE TED WELL WI THIN T WO YE ARS BY A TR I BUNAL OF THREE LOC AL ARB I TRATORS . THE TR I BUNAL’ S E XPER T I SE IN THE HANDL ING OF THE PROCEED INGS IN SUCH A SENS I T I VE C A SE INVOLV ING AN IMPOR TANT NAT I ONAL INS T I TUT I ON I S ONE OF THE MANY E X AMPLE S OF THE MATUR I T Y OF THE FORUM .
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