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ICC Expedited Arbitration – Addressing Delays, Costs and Efficiency

20/11/2016 by Aceris Law LLC

On 4 November 2016, the ICC announced its amendments to the ICC Rules of Arbitration, applicable from March 2017, which includes Annex VI on the new ICC Expedited Arbitration Procedure. According to the Secretariat, the introduction of this procedure aims to address business concerns about the time and costs associated with an ICC Arbitration, by […]

Filed Under: Cost-Efficient Arbitration, ICC Arbitration, International Arbitration

Bucharest International Arbitration Court

15/11/2016 by Aceris Law LLC

Bucharest International Arbitration

On 2 November 2016, the American Chamber of Commerce in Bucharest launched a new centre in Bucharest, called the Bucharest International Arbitration Court (“BIAC”), presided by Annet van Hooft, the Paris-based co-head of Bird & Bird’s international dispute resolution group. The Bucharest International Arbitration Court is an independent arbitration court gathering 60 local and foreign […]

Filed Under: Commercial Arbitration, ICC Arbitration, International Arbitration, International Arbitration Institutions, Romania Arbitration

Commercial Arbitration in Saudi Arabia: Saudi Center for Commercial Arbitration

09/11/2016 by Aceris Law LLC

Saudi Centre for Commercial Arbitration

The Kingdom of Saudi Arabia, the largest economy in the Arabian Gulf, has seen significant positive developments for commercial arbitration in Saudi Arabia over the past few years. We previously reported on the New Saudi Arbitration Regulations passed in 2012. However, another important development was the opening of the Saudi Center for Commercial Arbitration (SCCA)[1], […]

Filed Under: Commercial Arbitration, Construction Arbitration, International Arbitration, Saudi Arabia Arbitration, UNCITRAL Arbitration

Court for Arbitration for Sports (CAS): Serbia v. Kosovo, Round 2.

08/11/2016 by Aceris Law LLC

There have been interesting developments at the Court for Arbitration for Sport (CAS) based in Lausanne, Switzerland: a more political than legal dispute only adding to the worsening of Serbia’s and Kosovo’s already tense political relations. In May 2016, Kosovo became 55th Member of the UEFA by a decision passed by 28 to 24 votes. […]

Filed Under: International Arbitration, Kosovo Arbitration, Serbia Arbitration, Sport Arbitration, Switzerland Arbitration

Judgment-Proof Claimants in ICSID Arbitration

07/11/2016 by Aceris Law LLC

The issue of judgment-proof claimants in ICSID arbitration has recently been a focus of attention. As a matter of fact, the Republic of Panama sent a memorandum to ICSID on 12 September 2016, available below, exposing the difficulties of sovereigns being unable to collect costs awards in their favour and requesting the ICSID to examine […]

Filed Under: Award on Costs, ICSID Arbitration, International Arbitration, Investment Arbitration, Panama Arbitration

Spain Energy Treaty Arbitrations

06/11/2016 by Aceris Law LLC

Spain energy treaty arbitrations

On 12 August 2016, another Spain energy treaty arbitration under the Energy Charter Treaty was registered at the ICSID. The claimants are two Dutch companies, Cordoba Beheer B.V. and Sevilla Beheer B.V., together with Cross Retail S.L and Spanish Project companies, both registered in Spain.[1] This case is just another in line with dozens of arbitrations […]

Filed Under: Energy Charter Treaty Arbitration, ICSID Arbitration, International Arbitration, SCC Arbitration, Spain Arbitration

The Arbitrator’s Duty to Disclose in International Arbitration

05/11/2016 by Aceris Law LLC

The arbitrator’s duty to disclose potential conflicts of interest depends on the applicable law. The arbitrator, in France, is bound by a duty of sincerity towards the parties that can be seen on two levels, in a chronological manner. First, he must reveal all and any potential conflict of interests before accepting his or her […]

Filed Under: Arbitrators, France Arbitration, International Arbitration, United States Arbitration

The Admissibility of Evidence in International Arbitration

04/11/2016 by Aceris Law LLC

Evidence in International Arbitration

The admissibility of evidence in international arbitration has long been a debated issue. A piece of evidence must be admitted in order to be considered by the arbitral tribunal, which will then evaluate its probative value in light of the facts of the dispute. Evidence is in principle admitted if it is relevant and material […]

Filed Under: Kazakhstan Arbitration, ICSID Arbitration, International Arbitration, Investment Arbitration

Supplementation of an Arbitration Award under the ICSID Convention

03/11/2016 by Aceris Law LLC

Supplementation of ICSID Award

The supplementation of an arbitration award under Article 49(2) of the ICSID Convention is a remedy for inadvertent omissions in the award due to an oversight on the part of the tribunal which is likely to be corrected by it once this oversight is pointed out. This oversight should however concern a “question” before the […]

Filed Under: Damages in Arbitration, ICSID Arbitration, International Arbitration, Investment Arbitration

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