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Arbitration Procedure

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Moving towards more gender diversity in international arbitration has gained traction. In our last year’s article, we predicted that “more arbitral institutions will publish the percentage of female arbitrators in their arbitral tribunals.”[1] We were right. The statistics of female arbitrators looks as follows: Percentage of Female Arbitrators:201420152016LCIA[2] (London Court of International Arbitration)11.7%16%20.6%VIAC[3] (Vienna International Arbitration Center)./.14.3%17.1%ICDR[4] (International Center for Dispute Resolution)./.16%16%ICC[5] (International Chamber of Commerce)./.4.4%14.8%DIS[6] (German Institution of Arbitration)./../.13.2%HKIAC[7] (Hong Kong International Arbitration Centre)./../.11.5%…

A. Introduction International arbitration is often referred to as the area of globalization “par excellence.” Indeed, it is the preferred means of dispute resolution for multinational companies.[1] It brings together parties, counsel and arbitrators from diverse legal backgrounds, and these various legal influences make international arbitration a “live” example of the globalization of law.[2] Over the past 10 years, international arbitration has experienced spectacular growth in both commercial and investor-state arbitration. Trade is occurring more…

The ICC has made amendments to the Arbitration Rules which came into force as of 1 March 2017. The most important aspect of these amendments is that it offers an expedited procedure providing for a streamlined arbitration with reduced scales of fees. Alexander Fessas, Managing Counsel and incoming Secretary General of the ICC International Court of Arbitration, will speak at Baker McKenzie’s office in Washington DC on Thursday, May 11 about the newly revised ICC…

Appellants brought an arbitration against Appellees, asserting claims under both federal and Puerto Rico law for violations of Section 10(b) of the Securities Exchange Act, Rule 10b-5 of the Securities Exchange Commission, and the securities laws of Puerto Rico. Appellants ultimately lost that arbitration and subsequently filed a complaint in the Puerto Rico Court of First Instance requesting that the court vacate or modify the arbitration award. In this petition, Appellants invoked the Puerto Rico…