Misen Energy AB (publ) (“Misen”) has submitted an investment dispute notice to the Government of Ukraine under the Ukrainian Swedish Bilateral Investment Treaty (“BIT”). Misen notified Ukraine that a dispute has arisen between it and Ukraine concerning Misen’s investment in Ukraine, and invited Ukraine to resolve the dispute by consultation and negotiation.
Seit Kurzem stellt die Deutsche Institution f?r Schiedsgerichtsbarkeit auf ihrer Homepage (http://www.dis-arb.de/) mit der DIS–Konfliktmanagementordnung (DIS-KMO), der DIS-Mediationsordnung (DIS-MedO), der DIS-Schiedsgutachtensordnung (DIS-SchGO) und der DIS-Gutachtensordnung (DIS-GO) vier neue Regelwerke f?r den Bereich der alternativen Streitbeilegung zur Verf?gung. Alle Regelwerke sind zum 1. Mai 2010 in Kraft getreten.
Why is it that one of the most internationalized business sectors still finds it hard to embrace arbitration?
Arbitration as a means of dispute resolution is on the rise in many areas of business. However, it seems that the Banking & Finance industry is still struggling to accept arbitration as an alternative to state court proceedings. Why is it that one of the most internationalized business sectors still finds it hard to embrace arbitration, although international disputes are one of arbitration’s strengths? What can practitioners do to increase the acceptance of arbitration in the banking and finance sector?