Expedited arbitration (or fast-track arbitration) has gained traction in recent years, in response to the length and cost of traditional international arbitration. The first expedited arbitration scheme appears to have been introduced in the 1992 Arbitration Rules of the Geneva Chamber of Commerce and Industry Arbitration Rules (“CCIG”).[1] Today, most leading arbitral institutions have adopted specific […]
ICDR Arbitration
The Costs of Arbitration
One of the most common questions claimants have prior to starting arbitration proceedings are the costs of arbitration, whether they can be estimated in advance, and how they can be reduced. The costs of arbitration, in addition to an arbitration’s duration, are an important if not determinative factor in a claimant’s decision whether to start […]
ICDR 2021 Rules Amendments
The rules of the International Centre for Dispute Resolution (“ICDR”) of the American Arbitration Association (“AAA”) entered into force in 1998. They were first revised in 2014. Seven years later, the ICDR issued a revised set of rules effective on 1 March 2021. In line with the recent revisions of institutional arbitration rules in Europe,[1] […]
Depositions in International Arbitration
Depositions in international arbitration are rare but do occur. A deposition is defined as “[a] witness’s out-of-court testimony that is reduced to writing (usually by a court reporter) for later use in court or for discovery purposes”.[1] While depositions are generally associated with American pre-trial discovery, they are called for in a surprising number of […]
Coronavirus (COVID-19) and Courts: Moving from Litigation to Arbitration?
The global difficulties caused by the coronavirus (COVID-19), various State measures imposing restrictions on the movement of people, social distancing and complete lockdowns, while necessary to protect health, are inevitably having an impact on litigation in national courts, globally. In certain countries courts have had to limit, or to even entirely close, their operations due […]
Aceris Successfully Resolves ICC Arbitration for Another Client
Aceris Law has assisted another client in obtaining the successful resolution of an ICC arbitration. The ICC arbitration, against a subsidiary of a Fortune 500 steel and mining company, was subject to Liberian law, a common law jurisdiction influenced by American law and the law of other common law jurisdictions. The dispute concerned a service contract […]
ICDR Arbitration Rules
The ICDR Rules of Arbitration (“ICDR Arbitration Rules”), which may be downloaded below, are applied in arbitral proceedings when Parties have agreed to ICDR arbitration to resolve their dispute. The ICDR is the international division of the American Arbitration Association (AAA) and was established in 1996. The ICDR disposes of offices throughout the United States […]
Aceris Achieves American Clients’ Objectives in ICDR Arbitration
Aceris Law has again achieved the outcome sought by its clients, this time in an ICDR arbitration between European claimants and Aceris’ American clients. The ICDR arbitration, initiated by European claimants represented by a large corporate firm, were brought against Aceris’ clients and concerned claims of fraudulent misrepresentation, fraud in the inducement, negligent misrepresentation and unjust […]
International Arbitration Data 2018: Popularity, Flaws, Diversity and Access to Information
Attention to international arbitration data and metrics is a recent phenomenon. In a recent annual survey, users identified new areas of development that will be at the center of debate for the foreseeable future. International Arbitration Data: Measured Popularity and Flaws The Pros 97% of respondents support arbitration as the preferred method for cross-border disputes. There is […]
