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.
International Commercial Arbitration: Study of a mock case under the ICC Rules
ICC presents “International Contracts: Study of a mock case under the ICC Rules of Arbitration (PIDA training in English and French)”, 17 - 20 May 2010 ICC - 38, Cours Albert 1er, 75008 Paris, France.
Drawn upon the experience of renowned arbitrators in a multicultural and international environment, the training will meet the practical needs of those involved in international trade and will simulate ICC arbitration, highlighting differences in cultures and legal practices.
First “result” of the Gazprom’s war against Ukraine
Slovak gas company Slovensky Plynarensky Priemysel (SPP) filed the request for arbitration before the International Court of Arbitration of the International Chamber of Commerce in Paris against Gazprom claiming for damages caused by short delivery of gas during the gas war against Ukraine. SPP calculated the amount of claim (approximately EUR 100 mln of direct damages) and presented it during the negotiations with Gazprom.
Young Approaches to Arbitration
The ICC YAF and the YAAP jointly organize the conference “Young Approaches to Arbitration” that will take place in Vienna on 27 March 2010.
Topics:
- Principle of Competenz-Competenz (in light of the Green paper of the Commission);
- The Impact of European Community law on international arbitration;
- Insolvency in international arbitration.
ICC Masterclass for Arbitrators
On 15 - 17 March 2010 International Chamber of Commerce (Paris, France) will hold the Masterclass for Arbitrators which is designed for pratitioners who have a strong experience in international commercial arbitration as counsel, but have little or no experience as arbitrators. Because of the advanced level of the training attendees are expected to already master the basic notions of arbitral proceedings, as they will not be reviewed during the Masterclass.
For further information about the event, please contact Charlotte Strandberg, ICC Events at Tel: +33 1 49 53 29 34 or Email: events@iccwbo.org
ICC Arbitration Today: Arbitrator Independence
Under the auspices of the International Chamber of Commerce in Paris, France 26 February 2010 will take place the conference “ICC Arbitration Today: Arbitrator Independence” with an ICC Mock Court Session.
Arbitrator independence is an essential and significant requirement in arbitration which raises special issues due to the very nature of a procedure in which party autonomy is of the utmost importance. This conference aims to explore views and opinions on the requirements of arbitrator independence from the perspectives of a party, a party's counsel and an arbitrator. Judicial decisions on arbitrator independence will also be examined. The highlights of the day will include former Secretary Generals of the ICC International Court of Arbitration coming together to discuss the history and development of the ICC Rules and practice with respect to the requirement that all arbitrators in ICC arbitrations be independent. Furthermore, the conference will feature a Mock ICC Court Plenary Session. At this forum, the participants will engage in stimulating interactive dialogue focusing on how the ICC Court deals with various challenges.
For more information about this conference, please click here.
Siemens-Rosatom goes to arbitration
A Paris court of arbitration has provisionally restricted Siemens' actions in joining a partnership with Russia's Rosatom.
Global Financial Crisis and International Arbitration
On 11-12 February 2010, the ICC International Court of Arbitration will co-organize two events in Baltic States on “Global Financial Crisis and International Arbitration in the Current Economic Climate”.
Experts from the ICC International Court of Arbitration, White and Case LLP and Lawin will examine the claims emerging from the financial crises, the resulting procedural and enforcement issues, and the outlook for 2010.
Registration details and the full programme will follow on ICC International Court of Arbitration page.
Stereotypes of international arbitration. Stereotype No 1. Speed and economy
This post opens the set of short comments concerning the most common stereotypes related to the advantages and disadvantages of international arbitration as well as other myths related to international arbitration.
Stereotype No 1. Speed and economy
“Arbitration is faster and less expensive than litigation in the courts. Although a complex international dispute may sometimes take a great deal of time and money to resolve, even by arbitration, the limited scope for challenge against arbitral awards, as compared with court judgements, offers a clear advantage. Above all, it helps to ensure that the parties will not subsequently be entangled in a prolonged and costly series of appeals. Furthermore, arbitration offers the parties the flexibility to set up proceedings that can be conducted as quickly and economically as the circumstances allow. In this way, a multi-million dollar ICC arbitration was once completed in just over two months.”
ICC International Court of Arbitration
“Introduction to arbitration. Advantages of arbitration”
International Arbitration
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