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 […]
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Contratos FIDIC: Descripción general de la FIDIC Suite
Los contratos FIDIC son la forma estándar de contratos de construcción internacional más popular en el mundo. Los contratos estándar de la FIDIC se utilizan con frecuencia tanto en proyectos de construcción grandes como pequeños, y son adecuados para partes de distintas nacionalidades, que se comunican en distintos idiomas y que proceden de distintas jurisdicciones. […]
How to Make a Valid Appointment Under an Arbitration Agreement
The appointment of an arbitrator is a critical step in any arbitration. The advantages of arbitration depend, to a large extent, on the persons appointed as arbitrators. In other words, while the same dispute may be resolved in a satisfactory and efficient way, it might turn into a lengthy and costly proceeding with a questionable […]
Enforcement of the Micula ICSID Award Rejected
On 14 July 2022,[1] the enforcement of the Micula ICSID award was rejected by Luxembourg Court of Cassation. The Supreme Court overturned the decision of the Appeal Court upholding the enforcement of the award rendered by the arbitral tribunal on 11 December 2013 in Ioan Micula, Viorel Micula, S.C. European Food S.A, S.C. Starmill S.R.L. […]
Variation Claims in International Arbitration
Variation claims in international arbitrations involving construction are common. Over the course of a construction project, it is not rare for a project to undergo changes. This might arise because the employer needs to change the original scope of work that can no longer be carried out after starting the project, or the contractor discovers […]
Arbitraje Intracomunitario: Un tribunal decide a favor de la objeción jurisdiccional intracomunitaria
Un tribunal de inversión en un arbitraje intracomunitario decide por primera vez a favor de la objeción intracomunitaria, negando su jurisdicción bajo el Tratado sobre la Carta de la Energía, firmado el año 1994 (“TCE”).[1] El pasado 16 de junio fue emitido el laudo resultante del arbitraje intracomunitario de Green Power v. España.[2] Mediante el […]
ICC Tahkim Nasıl Başlatılır?
ICC Tahkim başlatmak oldukça kolay bir süreçtir ve bu sürece ilişkin kurallar 1 Ocak 2021 tarihinde yürürlüğe giren ICC Tahkim Kuralları tarafidan belirlenmektedir.[1] ICC Tahkim hizmetlerine yönelik talep günden güne artarken, ICC Tahkim nasıl başlatılır sorusuda bir o kadar önem kazanıyor. I. Tahkim Talebi Öncelikle, tahkim başlamak isteyen taraf, ICC Uluslararası Tahkim Divanı Sekretaryasına bir “Tahkim […]
Wrongful Refusal to Enforce Arbitral Award: BTS Holding v. Slovakia
In its judgement rendered on 30 June 2022 in the BTS Holding v. Slovakia case, the European Court of Human Rights (the “ECHR”) held that Slovakia violated BTS Holding’s (“BTS”) right to property when its courts arbitrarily refused to enforce an arbitral award against the Slovak National Property Fund (the “NPF”). The ECHR reached this […]
Pre-Conditions to Arbitration Are A Question of Admissibility: Hong Kong Decision C v D [2022] HKCA 729
In a recent decision, C v D [2022] HKCA 729, the Hong Kong Court of Appeal held that pre-conditions to arbitration are a question of admissibility, instead of jurisdiction. Hence, it refused to set aside a partial arbitral award for lack of jurisdiction. Multi-tiered arbitration clauses, containing pre-conditions to arbitration, such as mandatory cooling-off periods, […]