The ICSID Rules of Arbitration (hereinafter “ICSID Arbitration Rules”) have undergone a number of revisions since they were published in 1968, all of which may be found below. The ICSID Arbitration Rules (1968-today) The first version of the ICSID Rules of Arbitration was published in 1968, only two years after the ICSID Convention, and is […]
International Arbitration
DIAC Arbitration Rules
The DIAC Rules of Arbitration (“DIAC Arbitration Rules”), which may be downloaded below, are applied in arbitral proceedings when Parties have agreed to DIAC arbitration to resolve their dispute. The DIAC was first created in 1994 and was initially known as the Center for Commercial Conciliation and Arbitration located in the Dubai Chamber of Commerce […]
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 […]
UNCITRAL Arbitration Rules
The UNCITRAL Rules of Arbitration (“UNCITRAL Arbitration Rules”), which may be downloaded below, are a set of procedural rules aimed at the resolution of international disputes. They apply when parties have specifically agreed to and chosen the UNCITRAL Arbitration Rules to resolve their dispute. Created and adopted in 1976 by the United Nations Commission on […]
LCIA Arbitration Rules
The LCIA Rules of Arbitration (hereinafter “LCIA Arbitration Rules”) are applied in arbitral proceedings when parties have agreed to LCIA arbitration to resolve their dispute. Used for settlement of international arbitration disputes, they represent an important recourse under the auspices of the London Court of International Arbitration (LCIA). With its presence in London, Dubai, New […]
VIAC Arbitration Rules
The VIAC Rules of Arbitration (“VIAC Arbitration Rules”), which may be downloaded below, are applied in arbitral proceedings when Parties have agreed to VIAC arbitration to resolve their dispute. It has become a practice of Southeastern European States, especially ones on the territory of the former Yugoslavia, to choose the VIAC as their designated arbitration […]
Cyprus Arbitration: Is Cyprus Liable under International Law?
Cyprus Arbitration: can depositors successfully sue Cyprus in international arbitration for the measures it took in 2013? In 2013, Cyprus introduced a number of measures to prevent its banks from becoming insolvent. Most notably, it introduced a bail-in measure whereby it converted depositors’ deposits into equity in banks. This brought new capital into banks, without […]
Advance on Costs in ICC Arbitration
In ICC arbitration, usually upon receipt of the Answer on the Request for Arbitration or the expiry of the time limit for it[1], the Parties are required to pay an advance on costs. This payment is paramount “for the purpose of securing in advance the financial resources necessary for carrying out the arbitration procedure.”[2] The advance […]
International Arbitration in Angola
Angola, which has one of the largest economies in sub-Saharan Africa, has recently modernized its legislation and is opening up to international arbitration as part of a wider legal reform. Arbitration in Angola is governed by the Law No. 16/03 of 25 July 2003 also known as the “Voluntary Arbitration Law” or the “VAL”. The VAL […]