Georgian International Arbitration Centre

Size: px
Start display at page:

Download "Georgian International Arbitration Centre"

Transcription

1 was founded with the initiative of the Georgian Chamber of Commerce and Industry (GCCI). The GCCI as the organization protecting the interests of business entities in Georgia, considering the significance of the establishment of independent and reliable alternative dispute resolution mechanisms in the country, took into account an imminent necessity of modernization of already existing old-fashioned and inefficient arbitration court at the Chamber. The GCCI relying on the international practice, according to which the Chamber of Commerce worldwide creates the arbitration institutions, founded (GIAC) in December One year of active cooperation of the GCCI and its partner organizations proceeded the establishment of the GIAC. The GIAC is incorporated in a legal form of a non-profit organization and it is not profit oriented. This factor is particularly important given the fact that the GIAC is the only not profit oriented arbitration institution in Georgia. Therefore, the GIAC is arbitration institution founded at the GCCI and it has replaced previously existing Arbitration Court at the Georgian Chamber of Commerce and Industry LLC, operation of which was suspended in The central objective of the GIAC is to establish neutral, efficient and flexible alternative dispute resolution mechanisms. With the consideration that there was no international arbitration institution in the region, formation of the GIAC was an event of a huge significance. Formation of GIAC - The formation of GIAC was one of the most significant GCCI projects. Considering the complex and comprehensive character of the project, it was decided to involve various interested organizations in its implementation for achievement of a successful execution of the project. With the initiative of the GCCI, the GIAC Formation Working Group was created for determination of the main actions, directions and structural formation issues of the establishment of an arbitration institution at the Chamber. The Working Group was composed of the

2 representatives of the Ministries of Justice, Finance and Economy and Sustainable Development of Georgia, also representatives of the Supreme Court, NGOs EWMI (JILEP Project), Transparency International Georgia, Georgian Young Lawyers Association, and as well as representatives of the private sector. The working group mainly worked on institutional matters such as the legal form and corporate structure of the prospective arbitration institution. From the outset, the target was to implement the international practice and experience, at the same time taking into consideration the Georgian reality. The Structure of GIAC is be a guarantee of the independence and impartiality of the Arbitration Centre, as well as of the resolution of the disputes efficiently and professionally. GIAC is structurally independent from its founder GCCI, it is a self-governing organization and such corporate structure is a guarantor of the Arbitration Centre s independence and neutrality. For this purpose, the corporate structure of the Center is determined in the following manner: The Board responsible for corporate matters and strategic development of the GIAC; 1 the Secretariat responsible for daily operation of the GIAC and administering of the disputes; the Arbitration Council body taking decisions related to specific matters strictly determined by the GIAC Arbitration Rules and GIAC Charter. 2 The GIAC Arbitration Rules - Several members of the Formation Working Group also worked on the first version of the Arbitration Rules of GIAC. While preparing the first draft of GIAC Arbitration Rules, the following arbitration institutions and their arbitration rules were taken in to consideration: ICC International Court of Arbitration, Arbitration Institution of the Stockholm Chamber of Commerce, Netherlands Arbitration Institute, Vienna International Arbitration Centre, and Singapore International Arbitration Centre. The Commission for Final Revision of the GIAC Arbitration Rules was created by the recommendation of the experts involved in the formation process of the Georgian International Arbitration Centre and its final composition was approved on 25 April The members of this Commission were internationally renowned and recognized arbitration experts and practitioners. 1 The members of the GIAC Board: Kakha Biandurashvili (Chairman); Eka Gigauri, Zviad Kordzadze (Deputy Chairman), Jemal Inaishvili, Eprem Urumashvili and the Honorary member of the GIAC Board Dr. Yas Banifatemi. 2 The Members of the GIAC Arbitration Council Irakli Kordzakhia (Chairman), Nicola Mariani (Deputy Chairman), Tea Megeneishvili (Deputy Chairperson), Eva Kalnina, Maria Kostytska, Sophie Tkemaladze, Pierre Tercier

3 This ensures that the GIAC Arbitration Rules are drafted based on the modern standards and best arbitration practices, and signals its reliability and recognition. The working version of the Arbitration Rules organized several working sessions during the summer of 2014 and prepared the final draft of the revised GIAC Arbitration Rules. The GIAC Arbitration Rules were adopted by the GIAC Board in September ADVANTAGES OF GIAC The main function of GIAC is to administer the arbitration proceedings. Additionally, it aims to develop and popularize the alternative dispute resolution mechanisms in Georgia and in entire region as Georgia has a great potential to become the suitable arbitration forum in the whole region: Georgian legal system is modern and arbitration-friendly with its Law on Arbitration based on the UNCITRAL Model Law on International Commercial Arbitration; Georgia is the member of the 1958 New York Convention on Recognition and Enforcement of the Foreign Arbitral Awards; Georgian legislation permits parties freedom of choice of counsel and arbitrators; Georgia has open economy, low level of corruption and pro-business environment; Georgia is best located in the region on the crossroads of Europe and Asia; Georgian legislation permits foreign residents to carry out arbitration without work permits or additional formal requirements; Georgia is a low cost environment, hotels and restaurants prices are, on an average, substantially lower than in other European countries; The Arbitration Rules of GIAC has no analogue in Georgia. GIAC Rules combine recent developments and well-tried provisions in order to create a modern set of rules reflecting the needs of the parties. In addition to the flexible arbitration rules, GIAC provides the necessary facilities for dispute settlement, such as meeting rooms for arbitration hearings, party negotiations, arbitrators deliberations, mediation proceedings, etc. and assistance with further logistical organization, e.g. identifying and obtaining court reporters, administrative secretaries or interpreters

4 GIAC arbitration Rules are tailor made the parties needs - The GIAC Rules were drafted with the help of the international experts and arbitration practitioners. The international involvement in the drafting process guarantee that the rules meet all international criteria and represent the modern accepted standards. The GIAC Arbitration Rules allow full scale party autonomy within permissible legal framework. The conduct of proceedings may be determined by the parties and the tribunal. The parties can choose the language of the proceedings, the seat of arbitration and the applicable substantive law. All arbitrators, appointed by the Parties or by the GIAC Arbitration Council, are required to submit a statement of independence ( disclosure ) to the parties, to their counsels, and GIAC Secretariat. A full respect of arbitrators independence is the very first step to grant a correct conduct of the proceedings. In this respect, the GIAC is committed to constantly monitor the independence and impartiality of the arbitrators. GIAC will appoint arbitrators if no agreement can be reached by the parties, thus ensuring that the time efficiency of the proceedings. The GIAC Rules allow for the joinder of third parties and consolidation of proceedings in a flexible manner, which is novelty in Georgia. In order to enhance the enforceability of the award, the GIAC Arbitral Council scrutinizes the award and approves it. GIAC arbitration is cost effective - Costs for arbitrators and administrative services are significantly lower in comparison to other arbitration institutions, as well as litigation. Additionally, The GIAC fee schedule allows for a predictable cost calculation. It should be mentioned, that GIAC facilities for dispute settlement are free for the parties, which also serves to reduce the costs associated with the dispute resolution. Close cooperation with leading international organizations and experts - Many internationally renowned experts participated in the GIAC formation process. GIAC continues to cooperate with the internationally recognized experts, arbitration institutions and law firms. Additionally, GIAC runs the arbitration list, which is constantly updated. Currently, GIAC arbitration list includes Arbitrators from leading international law firms of London, Paris, Vienna, Geneva, Dubai, Warsaw, Moscow, Budapest, Belgrade etc. In addition, negotiations are underway for the addition of the new arbitrators on the list. The parties may choose the arbitrator from the list, who will be maximally adapted to the specific of their dispute. Partner organizations and law firms: Transparency International Georgia;

5 Georgian Association of Arbitrators; Permanent Court of Arbitration in the Hague; Georgian Law Firms Association; Arbitration Initiative Georgia; White & Case; Dechert LLP; E&A Law Limited; Shearman & Sterling LLP; Lévy Kaufmann- Kohler. It should be also mentioned, that GIAC will be featured in Guide to Regional Arbitration Global Arbitration Review (GAR) is nowadays recognized as the leading resource on international arbitration news and community intelligence

Report on Formation of the Georgian International Arbitration Centre

Report on Formation of the Georgian International Arbitration Centre Report on Formation of the Georgian International Arbitration Centre Georgian International Arbitration Centre Address: 150, D. Aghmashenebeli Ave., Tbilisi 0112, Georgia Tel: (+995 32) 2 69 88 00 Email:

More information

Why Finland Should Adopt the UNCITRAL Model Law on International Commercial Arbitration Christopher R. Seppälä

Why Finland Should Adopt the UNCITRAL Model Law on International Commercial Arbitration Christopher R. Seppälä Why Finland Should Adopt the UNCITRAL Model Law on International Commercial Arbitration Christopher R. Seppälä 25 January 2018, Discussion and Seminar on the Need for Revisions of the Finnish Arbitration

More information

Comparison between SCC arbitration and CIETAC arbitration

Comparison between SCC arbitration and CIETAC arbitration 1 Comparison between SCC arbitration and CIETAC arbitration by Dai Wen 1 and Linn Bergman 2 General Comparison The rules of the SCC and the CIETAC are similar in many ways. Both rules respect party autonomy,

More information

International Commercial Arbitration - An Introduction. Steven Lim Managing Partner, Singapore, Nabarro LLP 12 October 2016

International Commercial Arbitration - An Introduction. Steven Lim Managing Partner, Singapore, Nabarro LLP 12 October 2016 International Commercial Arbitration - An Introduction Steven Lim Managing Partner, Singapore, Nabarro LLP 12 October 2016 Overview Rise in international arbitration Foundations of modern international

More information

4. Drafting arbitration clauses

4. Drafting arbitration clauses 1. Essential matters to include in an arbitration clause In an arbitration clause, the parties should always: select a seat; consider whether they wish to select the rules of an arbitral institution or

More information

Joint UNCITRAL-LAC Conference on Dispute Settlement

Joint UNCITRAL-LAC Conference on Dispute Settlement Joint UNCITRAL-LAC Conference on Dispute Settlement Ljubljana, 4 April 2017 The Secretariat of the United Nations Commission on International Trade Law (UNCITRAL) is the core legal body of the United Nations

More information

The Effect of Sanctions on Arbitration: Alternative Venues

The Effect of Sanctions on Arbitration: Alternative Venues The Effect of Sanctions on Arbitration: Alternative Venues Christopher P. Moore, Partner, London November 5, 2015 2015 Cleary Gottlieb Steen & Hamilton LLP. All rights reserved. Throughout this presentation,

More information

Challenges and Considerations

Challenges and Considerations Challenges and Considerations in Evaluating International Arbitration Venues Claudia T. Salomon Partner and Co-Chair, International Arbitration Practice Group DLA Piper LLP 1 [An Excerpt] Understanding

More information

2016 RUSSIAN ARBITRATION ASSOCIATION SURVEY: THE IMPACT OF SANCTIONS ON COMMERCIAL ARBITRATION

2016 RUSSIAN ARBITRATION ASSOCIATION SURVEY: THE IMPACT OF SANCTIONS ON COMMERCIAL ARBITRATION 2016 RUSSIAN ARBITRATION ASSOCIATION SURVEY: THE IMPACT OF SANCTIONS ON COMMERCIAL ARBITRATION Contents Introduction...................................................................................

More information

FACTSHEET ICC COMMISSION ON ARBITRATION AND ADR

FACTSHEET ICC COMMISSION ON ARBITRATION AND ADR Dispute Resolution policy in the making FACTSHEET ICC COMMISSION ON ARBITRATION AND ADR Throughout recent history, the development of arbitration worldwide and the increasing global interest in other alternative

More information

Institutional vs. ad hoc arbitration: when and why?

Institutional vs. ad hoc arbitration: when and why? Institutional vs. ad hoc arbitration: when and why? GASI/ACC CONFERENCE 19.10.2017 1 Institutional vs. ad hoc arbitration Article 2(a) of the UNCITRAL Model Law on International Commercial Arbitration

More information

Arbitration Provisions in M&A Transaction Documents

Arbitration Provisions in M&A Transaction Documents Arbitration Provisions in M&A Transaction Documents September 22, 2015 Today s Speakers Joseph Tirado Co-Chair, International Arbitration Practice London +44 (0)20 7011 8784 jtirado@winston.com Alejandro

More information

BACKGROUND INFORMATION ON THE INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES (ICSID)

BACKGROUND INFORMATION ON THE INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES (ICSID) BACKGROUND INFORMATION ON THE INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES (ICSID). What is ICSID? ICSID is the leading institution for the resolution of international investment disputes.

More information

Bun & Associates ATTORNEYS AT LAW INTRODUCTORY GUIDE. Commercial Arbitration in Cambodia. Arbitration

Bun & Associates ATTORNEYS AT LAW INTRODUCTORY GUIDE. Commercial Arbitration in Cambodia. Arbitration INTRODUCTORY GUIDE Commercial Arbitration in Cambodia Arbitration 2014 * This guide is part of our publication series introducing the development of commercial arbitration in Cambodia. Subsequent publications

More information

BACKGROUND INFORMATION ON THE INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES (ICSID)

BACKGROUND INFORMATION ON THE INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES (ICSID) BACKGROUND INFORMATION ON THE INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES (ICSID). What is ICSID? ICSID is the leading institution for the resolution of international investment disputes.

More information

THE EVOLUTION OF INTERNATIONAL ARBITRATION

THE EVOLUTION OF INTERNATIONAL ARBITRATION 2018 International Arbitration Survey THE EVOLUTION OF INTERNATIONAL ARBITRATION In partnership with: Contact: Adrian Hodis (White & Case Research Fellow in International Arbitration) a.hodis@qmul.ac.uk

More information

Arbitration in Hong Kong Latest Trends and Developments

Arbitration in Hong Kong Latest Trends and Developments Arbitration in Hong Kong Latest Trends and Developments British Chamber of Commerce 6 September 2011 Hong Kong International Arbitration Centre Chiann Bao, Secretary-General 1 HKIAC: OVERVIEW Independent

More information

International Commercial Arbitration

International Commercial Arbitration International Commercial Arbitration The arbitral tribunal University of Oslo Giuditta Cordero-Moss, Ph.D., Dr.Juris Professor, Oslo University Ad hoc arbitration Parties agree on arbitration They specify

More information

Arbitration Expanding Opportunities for Lawyers. Jamaican Bar Association/General Legal Council Continuing Legal Education Seminar

Arbitration Expanding Opportunities for Lawyers. Jamaican Bar Association/General Legal Council Continuing Legal Education Seminar Arbitration Expanding Opportunities for Lawyers Jamaican Bar Association/General Legal Council Continuing Legal Education Seminar November 2011 What is Arbitration? Halsbury s Laws of England, Fourth Edition

More information

Brexit Paper 2: International Arbitration

Brexit Paper 2: International Arbitration 1 Brexit Paper 2: International Arbitration Summary For decades, London has been the seat of choice for parties seeking to resolve international commercial disputes through arbitration. But the capital

More information

Regional competition for the international shipping center: the development of maritime arbitration center in Asia

Regional competition for the international shipping center: the development of maritime arbitration center in Asia Regional competition for the international shipping center: the development of maritime arbitration center in Asia Meifeng Luo/ Jimmy Ng In chapter 57 of the 12 th 5-Year plan, Hong Kong is assigned an

More information

DISPUTE RESOLUTION IN SCANDINAVIA

DISPUTE RESOLUTION IN SCANDINAVIA DISPUTE RESOLUTION IN SCANDINAVIA REPRINTED FROM: CORPORATE DISPUTES MAGAZINE OCT-DEC 2015 ISSUE corporate disputes Visit the website to request a free copy of the full e-magazine Published by Financier

More information

INTERNATIONAL COMMERCIAL ARBITRATION - THE ESSENTIALS.

INTERNATIONAL COMMERCIAL ARBITRATION - THE ESSENTIALS. INTERNATIONAL COMMERCIAL ARBITRATION - THE ESSENTIALS The Issues 1. Arbitration as a mechanism for resolving disputes 2. Why Arbitrate rather than Litigate or Mediate 3. Drafting Arbitration Agreement

More information

RESOLVING COMPLEX INTERNATIONAL DISPUTES USE OF THE ENGLISH JURISDICTION FOR EFFECTIVE DISPUTE RESOLUTION. Andrew Manning Cox

RESOLVING COMPLEX INTERNATIONAL DISPUTES USE OF THE ENGLISH JURISDICTION FOR EFFECTIVE DISPUTE RESOLUTION. Andrew Manning Cox RESOLVING COMPLEX INTERNATIONAL DISPUTES USE OF THE ENGLISH JURISDICTION FOR EFFECTIVE DISPUTE RESOLUTION Andrew Manning Cox Tel: +44 (0) 121 393 0427 Email: andrew.manningcox@wragge-law.com CHOOSING A

More information

CASE STUDY: INTERNATIONAL ARBITRATION FRAMEWORK AND PRACTICE IN TURKEY by BENNAR AYDOĞDU 1

CASE STUDY: INTERNATIONAL ARBITRATION FRAMEWORK AND PRACTICE IN TURKEY by BENNAR AYDOĞDU 1 CASE STUDY: INTERNATIONAL ARBITRATION FRAMEWORK AND PRACTICE IN TURKEY by BENNAR AYDOĞDU 1 I. INTERNATIONAL ARBITRATION FRAMEWORK IN TURKEY The term arbitration first appeared in the Code of Civil Procedure

More information

Your Arbitration Agreement Matters: Tips for Drafting Effective Arbitration Clauses in the U.S. Andrew Behrman February 2017

Your Arbitration Agreement Matters: Tips for Drafting Effective Arbitration Clauses in the U.S. Andrew Behrman February 2017 Your Arbitration Agreement Matters: Tips for Drafting Effective Arbitration Clauses in the U.S. Andrew Behrman February 2017 Tips for Drafting Effective Arbitration Clauses 1. Why Are You Choosing Arbitration?

More information

Arbitration Article An alternative, cheaper and quicker way of dispute resolution

Arbitration Article An alternative, cheaper and quicker way of dispute resolution Arbitration Article 20.12.2013 An alternative, cheaper and quicker way of dispute resolution An alternative way for solving your problems without wasting your time at courts. A way for solving your problems

More information

BEST PRACTICES IN INTERNATIONAL ARBITRATION. Summary of Contents

BEST PRACTICES IN INTERNATIONAL ARBITRATION. Summary of Contents BEST PRACTICES IN INTERNATIONAL ARBITRATION Summary of Contents The NAFTA 2022 Committee... 2 ADR in the NAFTA Region... 2 Guide to Private Sector Dispute Resolution in the NAFTA Region... 2 I. Methods/Forms

More information

12 September 2011: Release of the New ICC Rules of Arbitration.

12 September 2011: Release of the New ICC Rules of Arbitration. Newsletter Fall 2011 12 September 2011: Release of the New ICC Rules of Arbitration. On 12 September 2011, the International Chamber of Commerce ( ICC ) launched a much-expected revised version of its

More information

Rules of ICC as Appointing Authority in UNCITRAL or Other Ad Hoc Arbitration Proceedings. in force as from 1 January 2004

Rules of ICC as Appointing Authority in UNCITRAL or Other Ad Hoc Arbitration Proceedings. in force as from 1 January 2004 Rules of ICC as Appointing Authority in UNCITRAL or Other Ad Hoc Arbitration Proceedings in force as from January 004 Date of this online publication : June 004 FOREWORD One of the key steps in any arbitration

More information

60 TH UIA CONGRESS BUDAPEST/HUNGARY - OCTOBER 28 - NOVEMBER 1, 2016

60 TH UIA CONGRESS BUDAPEST/HUNGARY - OCTOBER 28 - NOVEMBER 1, 2016 60 TH UIA CONGRESS BUDAPEST/HUNGARY - OCTOBER 28 - NOVEMBER 1, 2016 ARBITRATION COMMISSION: Hong Kong Bar Association/Shanghai Bar Association: FOREIGN INVESTMENT DISPUTE RESOLUTION BETWEEN CHINESE AND

More information

Russian Arbitration Law 2016: key issues

Russian Arbitration Law 2016: key issues Russian Arbitration Law 2016: key issues Resource type: Article Status: Published on 23 Jan 2017 Jurisdiction: Russian Federation This article examines the key issues arising under the Russian Arbitration

More information

In the matter of an arbitration under the UNCITRAL Arbitration Rules. between

In the matter of an arbitration under the UNCITRAL Arbitration Rules. between In the matter of an arbitration under the UNCITRAL Arbitration Rules between 1. GRAMERCY FUNDS MANAGEMENT LLC 2. GRAMERCY PERU HOLDINGS LLC v. Claimants THE REPUBLIC OF PERU Respondent PROCEDURAL ORDER

More information

Finnish Arbitration Act in light of the Model Law

Finnish Arbitration Act in light of the Model Law Finnish Arbitration Act in light of the Model Law UN framework for international arbitration 1958 1976 1982 1985 Convention on the Recognition and Enforcement of Foreign Arbitral Awards ("New York Convention

More information

Practical Tips on Commencement of Arbitration

Practical Tips on Commencement of Arbitration 2016/SOM1/EC/WKSP1/008 Session 7 Practical Tips on Commencement of Arbitration Submitted by: Hong Kong, China Workshop on Dispute Resolution Lima, Peru 26 February 2016 APEC Economic Committee Workshop

More information

CURRENT COMMERCIAL ARBITRATION PRACTICE AND DEVELOPMENTS IN KENYA AND EAST AFRICA

CURRENT COMMERCIAL ARBITRATION PRACTICE AND DEVELOPMENTS IN KENYA AND EAST AFRICA CURRENT COMMERCIAL ARBITRATION PRACTICE AND DEVELOPMENTS IN KENYA AND EAST AFRICA John M Ohaga, FCIArb. Managing Partner, TripleOKLaw LLP, Board Member, Nairobi Centre for International Arbitration, Trustee-

More information

Managing political and commercial risks by means of arbitration & White & Case. 4 th Managing Risk in Africa Dr. Markus Burianski, Mark Goodrich

Managing political and commercial risks by means of arbitration & White & Case. 4 th Managing Risk in Africa Dr. Markus Burianski, Mark Goodrich Managing political and commercial risks by means of arbitration & White & Case 4 th Managing Risk in Africa Dr. Markus Burianski, Mark Goodrich 25 February 2015 Africa Botswana: Government fires Chinese

More information

Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce

Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce Draft for public consultation 26 April 2016 Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce MODEL ARBITRATION CLAUSE Any dispute, controversy or claim arising out of

More information

RULES OF ICC AS APPOINTING AUTHORITY IN UNCITRAL OR OTHER AD HOC ARBITRATION PROCEEDINGS

RULES OF ICC AS APPOINTING AUTHORITY IN UNCITRAL OR OTHER AD HOC ARBITRATION PROCEEDINGS RULES OF ICC AS APPOINTING AUTHORITY IN UNCITRAL OR OTHER AD HOC ARBITRATION PROCEEDINGS In force as from January 004 Article : ICC as Appointing Authority in UNCITRAL or Other Ad Hoc Arbitration Proceedings...

More information

WIPO LIST OF NEUTRALS BIOGRAPHICAL DATA

WIPO LIST OF NEUTRALS BIOGRAPHICAL DATA ARBITRATION AND MEDIATION CENTER WIPO LIST OF NEUTRALS BIOGRAPHICAL DATA Nicolas ULMER Budin & Partners 20, rue Sénebier CP 166 1211 Geneva 12 Telephone: +41 22 818 0808 Fax: +41 22 818 0818 Email: nicolas.ulmer@budin.ch

More information

INTERNATIONAL COURT OF ARBITRATION LEADING DISPUTE RESOLUTION WORLDWIDE. Rules of ICC

INTERNATIONAL COURT OF ARBITRATION LEADING DISPUTE RESOLUTION WORLDWIDE. Rules of ICC INTERNATIONAL COURT OF ARBITRATION LEADING DISPUTE RESOLUTION WORLDWIDE Rules of ICC as Appointing Authority in UNCITRAL or Other Arbitration Proceedings International Chamber of Commerce (ICC) 33-43 avenue

More information

1. Ad hoc and institutional arbitration in Italy

1. Ad hoc and institutional arbitration in Italy HOT TOPICS IN INTERNATIONAL ARBITRATION AND INTERNATIONAL LITIGATION NYSBA International Section Seasonal Meeting 2014 Vienna, Austria Program 15 Friday, October 17 th *** Donato Silvano Lorusso *** INTERNATIONAL

More information

2 IN-HOUSE COUNSEL PRACTICAL GUIDE 3

2 IN-HOUSE COUNSEL PRACTICAL GUIDE 3 International Commercial Arbitration, an introduction 2010 in-house counsel practical guide 1 2 IN-HOUSE COUNSEL PRACTICAL GUIDE 3 Table of Contents 1 Introduction 7 2 Key points 9 3 Arbitration v. Litigation

More information

Arbitration and Forum Shopping in the Seat

Arbitration and Forum Shopping in the Seat 2016/SOM1/EC/WKSP1/006 Session 5 Arbitration and Forum Shopping in the Seat Submitted by: Hong Kong, China Workshop on Dispute Resolution Lima, Peru 26 February 2016 Arbitration and Forum Shopping in the

More information

CHOOSE COPENHAGEN AS VENUE AND PLACE OF ARBITRATION

CHOOSE COPENHAGEN AS VENUE AND PLACE OF ARBITRATION CHOOSE COPENHAGEN AS VENUE AND PLACE OF ARBITRATION 1 COPENHAGEN IS A WONDERFUL CITY Copenhagen offers excellent hotels, restaurants and meeting venues, including the arbitration hearing rooms at the Danish

More information

Preparing for ASEAN Economic Integration

Preparing for ASEAN Economic Integration Preparing for ASEAN Economic Integration Jointly prepared by Lawrence Boo and Christine Artero, The Arbitration Chambers, Singapore Introduction This presentation introduces four areas in which ALA could

More information

NEWS. Mixed messages: developments in recognition of foreign arbitral awards in Russia

NEWS. Mixed messages: developments in recognition of foreign arbitral awards in Russia NEWS Mixed messages: developments in recognition of foreign arbitral awards in Russia 25 January 2019 The Russian Supreme Court in Moscow Partner and head of international arbitration at Akin Gump Justin

More information

Pranav Mago Head (South Asia)

Pranav Mago Head (South Asia) Pranav Mago Head (South Asia) Singapore s International arbitration framework SINGAPORE S international arbitration FRAMEWORK The Hub of all trades - excellent infrastructure and connectivity UNCITRAL

More information

Session 5: Why Arbitrate in Hong Kong?

Session 5: Why Arbitrate in Hong Kong? Session 5: Why Arbitrate in Hong Kong? Peter T Chow Partner, Squire Sanders Kiran Sanghera Consultant, HKIAC Organiser: Partner : HKIAC in the Americas: Why Arbitrate in Hong Kong June 20, 2013 Sao Paulo,

More information

NEWS. The settlement deficit in arbitration

NEWS. The settlement deficit in arbitration NEWS The settlement deficit in arbitration 17 September 2018 While arbitral institutions have addressed many concerns about the arbitral process, the problem of how to reduce the settlement deficit in

More information

Legal Business. Arbitration As A Method Of Dispute Resolution

Legal Business. Arbitration As A Method Of Dispute Resolution Memoranda on legal and business issues and concerns for multiple industry and business communities Arbitration As A Method Of Dispute Resolution 1 Rajah & Tann 4 Battery Road #26-01 Bank of China Building

More information

Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce

Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce Arbitration Rules of the Arbitration Institute of the Stockholm Chamber of Commerce MODEL ARBITRATION CLAUSE Any dispute, controversy or claim arising out of or in connection with this contract, or the

More information

the Home of International Arbitration

the Home of International Arbitration PARI N Le Méridien de Paris PARI Arbitration is now established as the preferred international dispute settlement mechanism, ranging from private commercial arbitrations to investment arbitrations involving

More information

TRAINING COURSE ON MANAGING INVESTMENT DISPUTES FOR LATIN AMERICAN COUNTRIES Montevideo, Uruguay, November 2007 COURSE PROSPECTUS

TRAINING COURSE ON MANAGING INVESTMENT DISPUTES FOR LATIN AMERICAN COUNTRIES Montevideo, Uruguay, November 2007 COURSE PROSPECTUS TRAINING COURSE ON MANAGING INVESTMENT DISPUTES FOR LATIN AMERICAN COUNTRIES Montevideo, Uruguay, 21-30 November 2007 With a preparatory distance-learning course on key issues in international investment

More information

ARBITRATION OF INTERNATIONAL INTELLECTUAL PROPERTY DISPUTES

ARBITRATION OF INTERNATIONAL INTELLECTUAL PROPERTY DISPUTES ARBITRATION OF INTERNATIONAL INTELLECTUAL PROPERTY DISPUTES THOMAS D. HALKET EDITOR JURIS Questions About This Publication For assistance with shipments, billing or other customer service matters, please

More information

3. Full protection and security. Often interpreted as complementary to, and overlapping with, fair and equitable treatment, full

3. Full protection and security. Often interpreted as complementary to, and overlapping with, fair and equitable treatment, full Investment Treaty Arbitration Mitigating Risk and Protecting Cross-Border Deals Investment treaties provide important protection for cross-border investments. These provide investors making investments

More information

Introduction to Arbitration and Dispute Resolution under FIDIC. Dr. Asanga Gunawansa Attorney-at-Law

Introduction to Arbitration and Dispute Resolution under FIDIC. Dr. Asanga Gunawansa Attorney-at-Law Introduction to Arbitration and Dispute Resolution under FIDIC Dr. Asanga Gunawansa Attorney-at-Law PART 1 ARBITRATION Arbitration Arbitration is a procedure in which a dispute is submitted, by agreement

More information

CURRICULUM VITAE. Professor, University of Bucharest, Faculty of Law, Private Law Department

CURRICULUM VITAE. Professor, University of Bucharest, Faculty of Law, Private Law Department CURRICULUM VITAE Name SITARU DRAGOS - ALEXANDRU Academic Title Studies Teaching and Academic Activities Scientific and Research Activities Professor, University of Bucharest, Faculty of Law, Private Law

More information

CMS Guide to Arbitration

CMS Guide to Arbitration Editors: Torsten Lörcher, Guy Pendell and Jeremy Wilson CMS Guide to Arbitration VOLUME I With contributions from law firms Hergüner Bilgen Özeke Attorney Partnership, Khaitan & Co, Minter Ellison and

More information

THE ROLE OF THE PERMANENT COURT OF ARBITRATION IN DOING BUSINESS. Hugo Siblesz Secretary-General Permanent Court of Arbitration March 6,

THE ROLE OF THE PERMANENT COURT OF ARBITRATION IN DOING BUSINESS. Hugo Siblesz Secretary-General Permanent Court of Arbitration March 6, THE ROLE OF THE PERMANENT COURT OF ARBITRATION IN DOING BUSINESS Hugo Siblesz Secretary-General Permanent Court of Arbitration March 6, 2013 1 I have been asked to speak about the role of the Permanent

More information

The UNCITRAL Notes on OrganizingArbitral Proceedingsand the ASA Arbitration Toolbox

The UNCITRAL Notes on OrganizingArbitral Proceedingsand the ASA Arbitration Toolbox Joint UNCITRAL LAC Conference on Dispute Settlement, 4 April 2017 The UNCITRAL Notes on OrganizingArbitral Proceedingsand the ASA Arbitration Toolbox Elliott Geisinger, President of ASA, Partner at Schellenberg

More information

Role of the State on Protecting the System of Arbitration

Role of the State on Protecting the System of Arbitration 1 Role of the State on Protecting the System of Arbitration Presentation by Karl-Heinz Böckstiegel at the CIArb Centenary Conference London 3 July 2015 When we consider the role states should play in protecting

More information

INTERNATIONAL ARBITRATION IN ITALY

INTERNATIONAL ARBITRATION IN ITALY NYSBA International Section Seasonal Meeting Vienna, Austria Friday, October 17 th 2014 HOT TOPICS IN INTERNATIONAL ARBITRATION AND INTERNATIONAL LITIGATION INTERNATIONAL ARBITRATION IN ITALY Donato Silvano

More information

Keys to Achieving Efficiency in International Arbitration

Keys to Achieving Efficiency in International Arbitration January 14, 2016 Keys to Achieving Efficiency in International Arbitration Practical Tips for In-House Counsel 2015 Dechert LLP Perceived Advantages of International Arbitration Neutrality (avoid potentially

More information

International Arbitration. One of the world s leading international arbitration firms. Global Arbitration Review

International Arbitration. One of the world s leading international arbitration firms. Global Arbitration Review International Arbitration One of the world s leading international arbitration firms Global Arbitration Review Hughes Hubbard & Reed LLP A New York Limited Liability Partnership One Battery Park Plaza

More information

The Latest Innovation for Mediation in China From the Perspective of SCIA

The Latest Innovation for Mediation in China From the Perspective of SCIA The Latest Innovation for Mediation in China From the Perspective of SCIA Dr. LIU Xiaochun Secretary-General Shenzhen Court of International Arbitration Background Mediation in China: long history Commercial

More information

Young Arbitration Practitioners (YAP) Conference

Young Arbitration Practitioners (YAP) Conference Young Arbitration Practitioners (YAP) Conference Young Arbitration Practitioners (YAP) Conference: Prof. Lawrence BOO Prof. Lawrence Boo is a practising arbitrator and academic. He is well recognised as

More information

Introducing ICSID. International Centre for Settlement of Investment Disputes. The global leader in international investment dispute settlement

Introducing ICSID. International Centre for Settlement of Investment Disputes. The global leader in international investment dispute settlement Introducing ICSID International Centre for Settlement of Investment Disputes The global leader in international investment dispute settlement Contracting States to the ICSID Convention Signatory States

More information

ANATOMY OF INTERNATIONAL ARBITRATION. E. Y. Park Co-Head, International Arbitration & Litigation Group Kim & Chang 12 February 2018

ANATOMY OF INTERNATIONAL ARBITRATION. E. Y. Park Co-Head, International Arbitration & Litigation Group Kim & Chang 12 February 2018 ANATOMY OF INTERNATIONAL ARBITRATION E. Y. Park Co-Head, International Arbitration & Litigation Group Kim & Chang 12 February 2018 What is International Arbitration? Traditional Method of Dispute Resolution

More information

PROGRAMME. ICC Arbitration TRAINING AND CONFERENCE. Melbourne, Australia, 28 November 2016

PROGRAMME. ICC Arbitration TRAINING AND CONFERENCE. Melbourne, Australia, 28 November 2016 PROGRAMME ICC Arbitration TRAINING AND CONFERENCE Melbourne, Australia, 28 November 2016 Venue Melbourne Commercial Arbitration and Mediation Centre (MCAMC) 4/223 William Street Melbourne VIC 3000 Time

More information

DISPUTE RESOLUTION AND GOVERNING LAW CLAUSES IN CHINA-RELATED COMMERCIAL CONTRACTS LEGAL GUIDE FIFTH EDITION

DISPUTE RESOLUTION AND GOVERNING LAW CLAUSES IN CHINA-RELATED COMMERCIAL CONTRACTS LEGAL GUIDE FIFTH EDITION DISPUTE RESOLUTION AND GOVERNING LAW CLAUSES IN CHINA-RELATED COMMERCIAL CONTRACTS LEGAL GUIDE FIFTH EDITION Published November 2012 01 DISPUTE RESOLUTION AND GOVERNING LAW CLAUSES HERBERT SMITH FREEHILLS

More information

Guide to International Arbitration

Guide to International Arbitration Guide to International Arbitration Latham & Watkins International Arbitration Practice The firm s international arbitration lawyers represent private corporations, States and State-owned enterprises in

More information

Christoph G. Paulus, Professor of Law, Humboldt University, Berlin Steven T. Kargman, President, Kargman Associates, New York

Christoph G. Paulus, Professor of Law, Humboldt University, Berlin Steven T. Kargman, President, Kargman Associates, New York Reforming the Process of Sovereign Debt Restructuring: A Proposal for a Sovereign Debt Tribunal Panel Discussion on Emerging Issues in External Debt Restructuring Second Committee, United Nations General

More information

Singapore's new legislation on arbitration and electronic transactions

Singapore's new legislation on arbitration and electronic transactions A modern legal framework to enable global trade: the new legislation on arbitration and on electronic transactions Singapore's new legislation on arbitration and electronic transactions JEFFREY W T CHAN,

More information

Hughes Hubbard & Reed LLP A New York Limited Liability Partnership One Battery Park Plaza New York, New York

Hughes Hubbard & Reed LLP A New York Limited Liability Partnership One Battery Park Plaza New York, New York An Arbitration Leader More Than 85 Years at the Forefront of Arbitration Hughes Hubbard & Reed LLP A New York Limited Liability Partnership One Battery Park Plaza New York, New York 10004-1482 +1 212-837-6000

More information

NOTE TO PARTIES AND ARBITRAL TRIBUNALS ON THE CONDUCT OF THE ARBITRATION UNDER THE ICC RULES OF ARBITRATION

NOTE TO PARTIES AND ARBITRAL TRIBUNALS ON THE CONDUCT OF THE ARBITRATION UNDER THE ICC RULES OF ARBITRATION 22 February 2016 NOTE TO PARTIES AND ARBITRAL TRIBUNALS ON THE CONDUCT OF THE ARBITRATION UNDER THE ICC RULES OF ARBITRATION Table of Contents I - GENERAL INFORMATION... 2 A - THE ICC INTERNATIONAL COURT

More information

Choosing the right arbitration institution guidance for businesses on costs

Choosing the right arbitration institution guidance for businesses on costs Page 1 Choosing the right arbitration institution guidance for businesses on costs First published on Lexis PSL Arbitration on 09/04/2018 Arbitration analysis: Pelin Baysal and Bilge Kağan Çevik of Turkish

More information

International Arbitration: What it is and how it works. Outline of lecture

International Arbitration: What it is and how it works. Outline of lecture International Arbitration: What it is and how it works 2 May 2012 Practitioners Training Day Labourdonnais Hotel, Mauritius Lise Bosman Outline of lecture A. Dispute resolution techniques B. Advantages

More information

RULES OF ARBITRATION OF AMCHAM PERU (In force from September 1, 2008)

RULES OF ARBITRATION OF AMCHAM PERU (In force from September 1, 2008) RULES OF ARBITRATION OF AMCHAM PERU (In force from September, 008) INDEX Introductory Notes RULES OF ARBITRATION OF AMCHAM PERU INTRODUCTORY PROVISIONS Article The International Arbitration Center Article

More information

THE CHANGING DYNAMICS OF THIRD-PARTY FUNDING OF CORPORATE DISPUTES IN ASIA

THE CHANGING DYNAMICS OF THIRD-PARTY FUNDING OF CORPORATE DISPUTES IN ASIA THE CHANGING DYNAMICS OF THIRD-PARTY FUNDING OF CORPORATE DISPUTES IN ASIA REPRINTED FROM: CORPORATE DISPUTES MAGAZINE JUL-SEP 2017 ISSUE corporate CDdisputes Visit the website to request a free copy of

More information

Jan K. Schaefer. Matters 1

Jan K. Schaefer. Matters 1 Jan K. Schaefer Partner International Arbitration and Litigation / Contracts and Business Torts Frankfurt: +49 69 257 811 200 Mobile: +49 171 3041424 jschaefer@kslaw.com Jan K. Schaefer heads our dispute

More information

PRODUCTION OF DOCUMENTS - SWEDISH SUPREME COURT CONFIRMS A CONTINUING ARBITRATION-FRIENDLY APPLICATION IN SWEDISH COURTS. Christina Blomkvist, LL.

PRODUCTION OF DOCUMENTS - SWEDISH SUPREME COURT CONFIRMS A CONTINUING ARBITRATION-FRIENDLY APPLICATION IN SWEDISH COURTS. Christina Blomkvist, LL. THE COLUMBIA JOURNAL OF EUROPEAN LAW ONLINE PRODUCTION OF DOCUMENTS - SWEDISH SUPREME COURT CONFIRMS A CONTINUING ARBITRATION-FRIENDLY APPLICATION IN SWEDISH COURTS Christina Blomkvist, LL.M 1 I. INTRODUCTION

More information

Swiss Arbitration Association Association Suisse de l`arbitrage. Arbitration in (and around) Switzerland

Swiss Arbitration Association Association Suisse de l`arbitrage. Arbitration in (and around) Switzerland Arbitration in (and around) Switzerland Casablanca, Morocco, 3 November 2017 Why Switzerland? A tradition of excellence, particularly for arbitration, offering: World-renowned arbitration centres: Geneva,

More information

ASEAN Law Association

ASEAN Law Association IMPROVING ON ENFORCEMENT OF INTERNATIONAL COMMERCIAL ARBITRATION AWARDS IN ASEAN COUNTRIES (Brunei Darussalam Perspectives) Haji Mohammad Rosli bin Haji Ibrahim, Brunei Darussalam Attorney Generals Chambers

More information

Staying out of court: Avoiding litigation in M&A

Staying out of court: Avoiding litigation in M&A Staying out of court: Avoiding litigation in M&A 20 January 2015 Baker & McKenzie Habib Al Mulla is a member firm of Baker & McKenzie International, a Swiss Verein with member law firms around the world.

More information

Arbitrability of IP Disputes in Russia

Arbitrability of IP Disputes in Russia Arbitrability of IP Disputes in Russia Date Natalia Gulyaeva Partner, Head of IP, Media and Technology Practice CIS IP Arbitration Pros? When does IP arbitration make sense? disputes related to IP license

More information

The 2012 ICC Rule Changes: Efficiency and Flexibility. by Eric van Ginkel and Jeff Dasteel 1

The 2012 ICC Rule Changes: Efficiency and Flexibility. by Eric van Ginkel and Jeff Dasteel 1 The 2012 ICC Rule Changes: Efficiency and Flexibility by Eric van Ginkel and Jeff Dasteel 1 After over two years of study, the ICC Commission on Arbitration approved a revised set of rules for ICC Arbitrations.

More information

ARBITRATOR S GUIDELINES

ARBITRATOR S GUIDELINES ARBITRATOR S GUIDELINES June 2015 Dispute Resolution Since 1928 The Ljubljana Arbitration Centre at the Chamber of Commerce and Industry of Slovenia (the LAC) has adopted the LAC Arbitrator s Guidelines

More information

Finnish Arbitration Act (23 October 1992/967)

Finnish Arbitration Act (23 October 1992/967) Finnish Arbitration Act (23 October 1992/967) Comments of the Secretariat of the United Nations Commission on International Trade Law (UNCITRAL) on the basis of the unofficial translation from Finnish

More information

ARBITRATOR S GUIDELINES

ARBITRATOR S GUIDELINES ARBITRATOR S GUIDELINES Address: P.O. Box 16050 103 21 Stockholm, Sweden Phone: + 46 8 555 100 00 arbitration@chamber.se www.sccinstitute.com 2 INTRODUCTION The purpose of the SCC Guidelines (the Guidelines

More information

Vision: To be the preferred ADR choice in the region by Mission:

Vision: To be the preferred ADR choice in the region by Mission: SCCA Profile Vision: To be the preferred ADR choice in the region by 2030. Mission: SCCA is dedicated to providing professional, transparent and efficient ADR services. SCCA services are inspired by Sharia

More information

GUIDE TO MEMBERSHIP IN THE ICSID CONVENTION

GUIDE TO MEMBERSHIP IN THE ICSID CONVENTION Introduction GUIDE TO MEMBERSHIP IN THE ICSID CONVENTION The International Centre for Settlement of Investment Disputes (ICSID) is an intergovernmental organization established in 1966 by the Convention

More information

International sale of goods and arbitration in Europe

International sale of goods and arbitration in Europe International sale of goods and arbitration in Europe 26 th of September 2017 3 rd of October 2017 Prof. Jochen BAUERREIS Attorney in France and Germany Certified specialist in international and EU law

More information

Institutions for Arbitration Institutionalizing Arbitration in Pakistan

Institutions for Arbitration Institutionalizing Arbitration in Pakistan Institutions for Arbitration Institutionalizing Arbitration in Pakistan By ZAHID U. JAMIL Barrister-at-law www.jamilandjamil.com Institution Or InstitutionS Privatisation of Justice -Conference "We will

More information

International Arbitration

International Arbitration International Arbitration William H. Knull, III Co-Chair, International Arbitration Group wknull@mayerbrown.com Presentation to: Mayer Brown is a global legal services organization comprising legal practices

More information

International Dispute Resolution and Arbitration in the Oil & Gas Industry

International Dispute Resolution and Arbitration in the Oil & Gas Industry An Intensive 5 Day Training Course International Dispute Resolution and Arbitration in the Oil & Gas Industry 18-22 Sep 2017, London 11-JUN-17 This course is Designed, Developed, and will be Delivered

More information

RULES OF ARBITRATION 2016

RULES OF ARBITRATION 2016 RULES OF ARBITRATION 2016 CONTENTS Article 1 Scope of Application... 3 Article 2 Composition of the Arbitral Tribunal... 3 Article 3 Appointment of the Arbitral Tribunal... 3 Article 4 Appointment and

More information

Unauthorized Amiable Compositeur?

Unauthorized Amiable Compositeur? Unauthorized Amiable Compositeur? Kiev Arbitration Days Think Big! Dr. Mark C. Hilgard Partner +49 69 7941 2271 mhilgard@mayerbrown.com 14 November 2013 Mayer Brown is a global legal services provider

More information

Arbitration Newsletter

Arbitration Newsletter Arbitration Newsletter 2014 I Issue 2 An overview of significant International Arbitration developments by Al Tamimi & Company In this Issue Recent Developments Qatari Court Decisions on Enforcement of

More information

EVIDENCE IN INTERNATIONAL COMMERCIAL ARBITRATION

EVIDENCE IN INTERNATIONAL COMMERCIAL ARBITRATION EVIDENCE IN INTERNATIONAL COMMERCIAL ARBITRATION ICLR, 2013, Vol. 13, No. 1. Michal Malacka 1 Faculty of Law, Palacký University Olomouc, Czech Republic email: michal.malacka@upol.cz MALACKA, Michal. Evidence

More information