Franco Ferrari, Clarence D. Ashley Professor of Law and Director, Intesa Sanpaolo Center for Transnational Litigation, Arbitration, and Commercial Law, New York University School of Law, New York, US, Friedrich Rosenfeld, Partner, Hanefeld, Germany, Global Adjunct Professor, NYU Paris, France, and Honorary Professor, International Hellenic University, Thessaloniki, Greece and Charles T. Kotuby, Jr., Professor of Practice and Executive Director of the Center for International Legal Education, University of Pittsburgh, School of Law, US