This ICC arbitral award concerns the notion of estoppel and a Representation Agreement between the parties, and whether a contract was valid and enforceable despite a United Nations embargo, with respect to a contract under Swiss law. While the contract was being performed, an Iraq embargo was ordered by the United Nations following the invasion […]
ICC Arbitration
Condition Precedents to Arbitration: Emirate Trading Agency LLC v Prime Mineral Exports [2014] EWHC
Condition precedents to arbitration are common, especially with respect to provisions indicating that the parties must negotiate for a certain period prior to commencing arbitral proceedings. Emirate Trading Agency LLC v Prime Mineral Exports concerned a dispute arising out of a contract for the sale and purchase of iron ore entered into by the parties […]
Aceris Ranked As First-Tier Recommended International Arbitration Firm By The Leaders League Intelligence Unit
Aceris Law has been ranked as a first-tier, recommended international arbitration firm by the Leader’s League Intelligence Report for 2017. The rankings of recommended international arbitration firms are shown below. Aceris Law was similarly ranked as a recommended international arbitration firm in 2015-2016, and it was highly-regarded prior to spinning off from DK AARPI. The Leader’s […]
Άρειος Πάγος και Διεθνής Διαιτησία
Στην απόφασή του αυτή ο Άρειος Πάγος εξέτασε κατά πόσο το Εφετείο είχε ασκήσει ορθά την αρμοδιότητά του, όταν ακύρωσε διαιτητική απόφαση διεθνούς διαιτησίας του Διεθνούς Εμπορικού Επιμελητηρίου για λόγους αντίθεσής της προς τη διεθνή δημόσια τάξη. Σε Διεθνή Διαιτησία του Διεθνούς Εμπορικού Επιμελητηρίου το Ελληνικό Δημόσιο καταδικάστηκε σε αποζημίωση της αντισυμβαλλόμενης Εταιρίας, λόγω ανώμαλης […]
Kosovo Telecom Arbitration
The largest commercial arbitration in the youngest European State – the Kosovo Telecom arbitration – has come to an end. In a dispute between local mobile operator Dardafone, operating in Kosovo under the trading name Z Mobile, and Telekom Kosovo, at the time known as PTK, an ICC Tribunal seated in London has ordered Dardafone […]
ICC Court Reveals Record Number of Arbitration Cases in 2016
The International Court of Arbitration of the International Chamber of Commerce (ICC) based in Paris announced on 18 January 2017 a record number of arbitration cases in 2016. It indicated that it had administered 966 new cases in 2016, which is the highest number of cases in this institution’s 94-year-old history.[1] In 2015, 17% fewer […]
Duty to Disclose Third Party Funding in International Arbitration
Is there a duty to disclose third party funding in international arbitration? In the resolution of disputes through international arbitration, whether it involves cases of Investment or Commercial Arbitration, parties increasingly resort to so-called “third party funding” (“TPF”). TPF provides prospective parties to a dispute with the ability to request financing from other entities to […]
Curtea de Arbitraj Internaţional din București
Camera Americană de Comerț din București a lansat un nou centru de arbitraj internațional. Noua Curte de Arbitraj International din București (BIAC – Bucharest International Arbitration Court) este condusă de Annet van Hooft, partenerul responsabil de echipa de arbitraj al cabinetului Bird & Bird din Paris. Curtea de Arbitraj International din București este un centru […]
Banking and Finance Arbitrations – ICC Report
The ICC Taskforce on Financial Institutions and International Arbitration, led by Co-Chairs Georges Affaki and Claudia Salomon, recently released a Report on the use of arbitration as a dispute settlement method in resolving financial disputes, i.e., banking and finance arbitrations, showing that arbitration could be used at a much larger scale bringing numerous benefits to […]
