International arbitration News, analytics and practice

3Aug/110

SCHIEDSGERICHTSBARKEIT UND STREITSCHLICHTUNG IM MITTELMEERRAUM

Die Wirtschaftskammer Schweiz-Afrika organisiert, gemeinsam mit weiteren namhaften Partnern, die Tagung "Schiedsgerichtsbarkeit und Streitschlichtung im Mittelmeerraum", die am Freitag, den 07. Oktober 2011 in Basel (Schweiz) stattfinden wird.

Eine Sorge, die zahlreiche kleine und mittlere Unternehmen (und damit die Hauptakteure im Mittelmeerraum) von einem Engagement in diesem Gebiet abhält, ist, dass Streitigkeiten vor lokalen Gerien ausgetragen werden müssen, die oftmals als langsam, schlecht qualifiziert und korrupt wahrgenommen werden. Schiedsgerichtsbarkeit und Streitschlichtung bieten hier Alternativen, über die die KMU aber in vielen Fällen nur unzureichend informiert sind. Namhafte Redner mit langjähriger praktischer Erfahrung werden diese Möglichkeiten unter Berücksichtigung der Besonderheiten der Märkte im Mittelmeerraum näher beleuchten.

Swisscham Africa SCHIEDSGERICHTSBARKEIT UND STREITSCHLICHTUNG IM MITTELMEERRAUM

Weitere Informationen und das Anmeldeformular finden Sie auf der Homepage http://www.swisscham-africa.ch bzw. direkt über folgenden Link

14Jun/110

Costs of International Arbitration

“We invite all legal representatives, in-house counsel and arbitral tribunal members

to contribute to this major survey into costs in international arbitration. The survey

report and conference will provide an invaluable contribution to the debate on costs,

helping to generate proposals to restore speed and cost-effectiveness to the arbitration process.

This is essential if international arbitration is to maintain its position

as the commercial dispute resolution method of choice."

 “To make the survey effective, we need corporate counsel, party representatives, arbitrators and tribunal members to give us as much data as possible on arbitrations in which they have been involved.”

Doug Jones SC FCIArb, Vice President of CIArb

 

The Chartered Institute of Arbitrators (CIArb) has launched a major survey into the costs of international arbitration. The ‘Costs of Arbitration’ survey gathers data to inform parties, legal representatives and arbitrators about the overall costs of international commercial arbitration and how these are incurred at each stage.

CIArb 500x500 Costs of International Arbitration 

14May/110

Energy Charter Treaty: Remington Worldwide Limited vs Ukraine

On 28 April 2011 the Arbitral Tribunal of the Arbitration Institute of the Stockholm Chamber of Commerce rejected most of the claims filed by Remington Worldwide Limited against Ukraine. The company accused Ukraine in violating the Energy Charter Treaty ratified by the Ukrainian Parliament, Verkhovna Rada in 1998.

27Mar/110

UNCTAD publishes its annual review of investor-State dispute settlement cases

UNCTAD's annual review of investor-State dispute settlement (ISDS) cases, part of the IIA Issues Notes series, provides up-to-date and country-specific information about ISDS developments in 2010.

2010 saw the lowest number of new treaty-based ISDS cases filed under international investment agreements since 2001. The number of known new cases was 25, bringing the total of all known cases to 390 by the end of the year. However, as most arbitration forums do not maintain a public registry of claims, the actual number of cases could potentially be higher. In 2010, Grenada and Uruguay saw the first claims directed at them, with one case each. As a result, the cumulative total of countries that have responded to investment treaty arbitration rose to 83.

22Mar/110

Conference Report: Vienna Arbitration Days 2011 by Markus Schifferl

Introduction

On 4 and 5 March 2011, the Vienna Arbitration Days, the leading arbitration conference in Austria, took place for the fourth time. Over 240 arbitration practitioners from more than 25 countries followed the call of the organizers, the Austrian Arbitration Association ArbAut, the editors of the Austrian Yearbook on International Arbitration and the Young Austrian Arbitration Practitioners YAAP, and came to Vienna.

16Mar/110

New rules of the protection of Ukraine’s state interests in international jurisdictional bodies

On March 15, 2011 the new version of the Order of protecting the rights and interests of Ukraine during the disputes, before the foreign jurisdictional authorities in cases involving a foreign entity and Ukraine came in force. The Order was approved by the Decree of the President of Ukraine.

14Mar/110

Piece! Ukraine is oriented to amicable settlement of arbitration cases

The Ministry of Justice of Ukraine that is authorized to defend state interests in foreign courts and arbitration tribunals, currently is in the negotiation process for a peaceful settlement of 7 disputes with foreign investors, stated the Minister of Justice Oleksandr Lavrynovych in an interview to "Investgazeta" (Monday, March 14, 2011).

The Minister explained that in the process of developing strategies of protection of Ukraine's interests in every case of a dispute with a foreign investor Ministry comes primarily from the possibility of a peaceful settlement.

16Feb/110

Vienna Arbitration Days 2011

The leading arbitration conference in Austria (the Austrian Conference for Arbitration Practitioners, Vienna, Austria, 4-5 March 2011) is being supported by the leading arbitration institutions and associations. It offers the opportunity to meet arbitration practitioners from all over the world, with a focus on the Central and Eastern European arbitration world.

This year’s topics are:

  • Arbitration goes Brussels (the intended modifications to the Brussels I directive, critique and practical consequences; other interfaces of community law and arbitration);
  • Witness and expert evidence in arbitration: Efficiency vs. ethics, clash of different ethics, impact of professional rules and disciplinary bodies;
  • Arbitration rules on the move (ICC-Rules, UNCITRAL Rules and others);
    Keynote address: Recent trends in arbitration in the CEE-region.
14Feb/110

UNCITRAL improves investment arbitration. Ukraine is invited to assist

On February 7-13, 2011 UNCITRAL holds the 54th session of its Working group on arbitration. During the session important issues of settlement of disputes between investors and states have to be discussed. The Secretariat of the UNCITRAL invited Ukrainian delegation to take part in the session. The delegation is composed of representatives of the Ministries of justice, economy and foreign affairs. UNCITRAL UNCITRAL improves investment arbitration. Ukraine is invited to assist

9Feb/110

Securities industry arbitration: diametrically opposite approaches

Securities industry arbitration is rather young ADR instrument in Ukraine. Though the security industry is one of the spheres that particularly needs its own mechanism of resolution of specific disputes, arbitration in this market is still at the beginning of its development process. Apart from arbitration courts established by several banking associations there are specialized securities market arbitration courts created by self-regulatory organizations and business associations. Since there are no unified practice or resolving particular legal problems, participation of the specialist from the industry as arbitrators is usually highly recommended. The main reason of the involvement of industry arbitrators is that they know the rules and customs of the industry.

 new york stock exchange Securities industry arbitration: diametrically opposite approaches

4Feb/113

NO CONSUMER ARBITRATION IN UKRAINE – 2

On February 3 2011 the Verkhovna Rada of Ukraine passed the Law amending the Law “On Arbitration Courts” which excludes the consumers’ disputes (including those related to consumers of  services of banks and credit unions) out of the competence of arbitration courts. In our previous articles we commented that initiative and discussed the main “pro” and “cons” of arbitration in consumer cases.

Posted by International Arbitration Team

logo Final point in RosUkrEnergo v. Naftogaz Ukrainy case

30Jan/112

A company’s charter may not contain an arbitration clause

Some years ago Ukrainian courts established the approach that the transfer of funds as a contribution of a participant to the statutory capital had to be considered as a kind of agreement, and the company’s charter reflected that agreement. Later that approach was changed.

15Dec/100

The ruling of the Supreme Court of Ukraine in RosUkrEnergo v. Naftogaz Ukrainy JSC case

As we announced earlier the Supreme Court of Ukraine ruled on enforcement under the New York Convention of a Swedish arbitral award rendered in RosUkrEnergo v. Naftogaz Ukrainy JSC case. Recently the SCC published the unofficial translation of the Court’s ruling. For those who are interested it is available here.

Posted by International Arbitration Team

logo Final point in RosUkrEnergo v. Naftogaz Ukrainy case

6Dec/100

ICSID announces its tribunal’s award in Global Trading Resource Corp. and Globex International, Inc. v. Ukraine case. The claim is commercial, not the investment one!

On December 1, 2010 the arbitration tribunal of the International Centre for Settlement of Investment Disputes announced its final award in Global Trading Resource Corp. and Globex International, Inc. V. Ukraine case.

26Nov/100

CIArb Costs of International Arbitration Survey. Participate and obtain the results of the Survey!

The Chartered Institute of Arbitrators commenced collection of information on the costs of international commercial arbitration proceedings. The aim is to gather data which will inform parties, legal representatives, and arbitrators about the overall costs of international commercial arbitration. The survey is also gathering data about how those costs are made up, the allocation of costs by arbitrators and the extent to which these may depend upon the nature of the dispute, the seat of arbitration, the amount in dispute, the composition of the arbitral tribunal and the costs incurred prior to, and during, the arbitration.

 The findings will be analyzed and disseminated through a report and a conference, organized by CIArb, which will take place on 27 – 28 September 2011 in London, England.