In the last decade of the previous millennium, information became a commodity that was more valuable, more changeable and more accessible than at any other time in history.
At the heart of this revolution has been the internet. Its stateless and chameleon-like quality has left traditional legal concepts and procedures for resolving disputes looking outdated and irrelevant. Under this new regime, notions of nationality, residence and place of business appear obsolete.
"Dispute resolution in the new millennium - international arbitration,"
6, Article 3.
Available at: http://epublications.bond.edu.au/adr/vol2/iss6/3