This note focuses upon the final stage of arbitration proceedings, which involves the recognition and enforcement of an arbitration award, either domestic, international or foreign, in Lebanon. Arbitration in Lebanon is regulated by the Lebanese Arbitration Law, which has been codified into the Lebanese Code of Civil Procedure (“CCP”) through the enactment of Legislative Decree […]
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Climate Law in Investment Arbitration – Two Sides of the Same Coin
The role of climate law in investment arbitration is a problematic issue. Even though environmental consciousness and sustainability are increasingly important in today’s world, and investment arbitration tribunals have also recently recognized the importance of adjusting investment law to support the goals of climate law, there seems to exist a clash between the two fields […]
Assessing and Forecasting Costs in Investment Arbitration
Many variables can influence the costs of investment arbitration. While the costs of parties’ counsel and the arbitral tribunal’s fees are far from trivial, other potential variables may be useful to assess and forecast the costs of investment arbitration disputes. In this post, we will explore how some variables may impact the parties’ overall costs […]
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 […]
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 […]