Cyberattacks in today’s digital world are becoming increasingly common and international arbitration has not remained unaffected. To the contrary, international arbitration can be highly susceptible to cyberattacks. This is explained by its very nature and underlying principles, namely privacy, confidentiality, procedural flexibility and the involvement of multiple players and sensitive data. In 2015, for instance, […]
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The Recovery of In-House Costs in UNCITRAL Arbitration
The 2010 UNCITRAL Rules (the “Rules”) provide for an exhaustive list of costs that may be considered by Arbitral Tribunals when ruling on costs.[1] Article 40 of the Rules provides that the recoverable costs of arbitration include legal and other costs incurred by the parties to the extent that the arbitral tribunal determines that these […]
How to Initiate International Arbitration
Initiating international arbitration is a rather simple process, which can be done by lawyers or even non-lawyers: In ad hoc arbitrations, normally, it requires only the service of a “Notice of Arbitration” to the respondent. In administered arbitrations, usually, it requires submission of a “Notice of Arbitration” or a “Request for Arbitration” before the competent […]
Aceris Law Successfully Resolves another ICC Arbitration
Aceris Law is pleased to have successfully resolved yet another ICC arbitration. Approximately one-third of the arbitrations where Aceris Law serves as counsel are construction-related, one-third are other types of commercial arbitrations (especially in the fields of aviation, energy, finance and technology) and one-third are investor-State arbitrations. This dispute, which had been running since 2016, […]
Third-Party Funding under ICSID Amendments: Balance Between States’ and Investors’ Interests
Over the past decade, the use of Investor-State Dispute Settlement (“ISDS”) mechanisms to challenge public policies has been a topic of attention and pressure from Non-Governmental Organizations and States to reform ISDS has increased.[1] This has led to proposals for amendment of the ICSID Rules. Working Paper #3, containing the latest proposals, may be found […]
Refusing to Participate in Arbitration Proceedings
Parties who signed a binding arbitration agreement are, in principle, bound by its terms. Once a dispute arises and a claimant commences arbitration proceedings against a respondent, a general assumption is that the parties will cooperate and actively participate in the proceedings. In practice, however, it can happen that the other party, usually the respondent, […]
محكمة التحكيم الدولية التابعة لغرفة التجارة الدولية
محكمة التحكيم الدولية التابعة لغرفة التجارة الدولية تأسست غرفة التجارة الدولية في عام 1919 بهدف خدمة قطاع الأعمال الدولي وتعزيز التجارة والاستثمار وفتح الأسواق. وقد نشأت محكمة التحكيم الدولية عام 1923و تعتبر الأن أهم مؤسسات التحكيم في العالم.1 دور محكمة التحكيم الدولية التابعة لغرفة التجارة الدولية محكمة التحكيم الدولية التابعة لغرفة التجارة الدولية “المحكمة” هي مؤسسة تحكيم مستقلة تابعة […]
تنفيذ أحكام التحكيم وفقا لاتفاقية نيويورك 1958 في سلطنة عمان
انضمت سلطنة عمان الى اتفاقية الاعتراف بقرارات التحكيم الأجنبية وتنفيذها (“نيويورك لعام 1958”) في عام 1998وجاء التصديق بموجب المرسوم السلطاني رقم 36 لعام 1998.[1] وتعد اتفاقية نيويورك 1958 أداة رئيسية في فعالية التحكيم التجاري الدولي [2]حيث بلغ عدد أطرافها 161 دولة،[3] التزموا جميعا بموجبها بالاعتراف باتفاقات التحكيم من ناحية ، وتنفيذها القرارات الصحيحة الصادرة عنها […]
Aceris Law Recommended by Leader’s League in the Field of International Arbitration
Aceris Law LLC has again been recommended in the field of international arbitration, this time by the Leader’s League. “We do appreciate being recommended by the Leader’s League and other prestigious rankings in the field of international arbitration,” said William Kirtley of Aceris Law. “Over the past half decade, we have put together a great […]