On 8 March 2012 the Global Arbitration Review (GAR) Awards were presented to their winners during an award ceremony in Stockholm. The award for Best Newcomer went to P.R.I.M.E. Finance – the world's first specialist centre to resolve disputes arising from complex financial transactions, which recently opened in The Hague. Secretary-General Gerard Meijer and founder Jeff Golden have collected the award.
In addition to the Best Newcomer award, P.R.I.M.E. Finance finished runner-up to LCIA in the Innovation Awards. Gerard Meijer and his team have been closely involved in setting up the new institute and particularly in drawing up its arbitration rules.
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