The international arbitration boutique Aceris Law is pleased to announce that it has successfully resolved another dispute for another client, this time an arbitration concerning the cryptocurrency industry. Cryptocurrency arbitrations remain rare, but are likely to grow over the coming years as blockchain-related technologies become more mainstream. Cryptocurrencies are digital assets that serve as a […]
ICC Arbitration
Equal Treatment of the Parties in International Arbitration
Procedural protections consist of fundamental principles, which include the right to equal treatment and the right to be heard. Procedural protections are also provided through deference to party autonomy and the arbitrator’s procedural discretion.[1] The UNCITRAL Model Law, national arbitration legislation, judicial decisions and institutional rules provide for equality of treatment in various ways. Article […]
Aceris Law Wins Another ICC Arbitration under Swiss Law
Aceris Law is pleased to have won another ICC arbitration under Swiss law for a European client regarding the construction of a cement plant in a West African State. Representing the Employer, the dispute concerned back charges, liquidated damages for delay and damages caused by the breach of the arbitration agreement. As usual, Aceris Law’s […]
How to Initiate International Arbitration
Initiating international arbitration is a rather simple process, which can be done by lawyers or even non-lawyers: In ad hoc arbitrations, normally, it requires only the service of a “Notice of Arbitration” to the respondent. In administered arbitrations, usually, it requires submission of a “Notice of Arbitration” or a “Request for Arbitration” before the competent […]
Aceris Law Successfully Resolves another ICC Arbitration
Aceris Law is pleased to have successfully resolved yet another ICC arbitration. Approximately one-third of the arbitrations where Aceris Law serves as counsel are construction-related, one-third are other types of commercial arbitrations (especially in the fields of aviation, energy, finance and technology) and one-third are investor-State arbitrations. This dispute, which had been running since 2016, […]
Refusing to Participate in Arbitration Proceedings
Parties who signed a binding arbitration agreement are, in principle, bound by its terms. Once a dispute arises and a claimant commences arbitration proceedings against a respondent, a general assumption is that the parties will cooperate and actively participate in the proceedings. In practice, however, it can happen that the other party, usually the respondent, […]
Aceris Law Successfully Resolves another Construction Arbitration
Aceris Law is pleased to have successfully resolved another ICC arbitration for a Middle Eastern claimant. The dispute involved construction works at a University in the Middle East. The construction dispute was amicably resolved prior to a final award being rendered, with Aceris’ client obtaining the compensation it was seeking in full. “Sometimes parties […]
How to Reduce the Overall Cost of Investment Treaty Arbitration
Investment treaty arbitration has various flaws, but one flaw that is acknowledged by both foreign investors and States who use the dispute resolution system is that, in practice, it can be incredibly expensive. The costs of investment treaty arbitration can be unbearable for certain States, who have far better uses for public funds, and they […]
Arbitraje de la Cámara de Comercio Internacional
Hoy en día, la forma normal de resolver los litigios comerciales internacionales es mediante el arbitraje internacional. Es en este contexto que nació la Corte internacional de arbitraje de la Cámara de comercio internacional en el año 1923. Es reconocida como la principal institución de arbitraje. El reglamento que propone es de los más utilizados […]
