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Arbitration in Nigeria

21/11/2020 by International Arbitration

Arbitration in Nigeria

Arbitration in Nigeria is governed by the Arbitration and Conciliation Act (Chapter 18, Laws of the Federation of Nigeria 2004) (the “ACA”), which incorporates the 1985 UNCITRAL Model Law on International Commercial Arbitration (“UNCITRAL Model Law”). Nigeria, in addition to being the African country with the largest economy in terms of nominal GDP, was the […]

Filed Under: Arbitration Award, Nigeria Arbitration

The Recoverability of Arbitration Costs

12/01/2020 by International Arbitration

Recoverability of arbitration costs - UNCITRAL

Costs tend to be a major concern for users of international arbitration. However, a successful party may recover them in full or in part, including the costs of legal representation. In this respect, both national arbitration legislation and institutional rules generally grant arbitrators the power to award the costs. Though the UNCITRAL Model Law is […]

Filed Under: Ad Hoc Arbitration, Arbitration Award, Arbitration Cost, United Kingdom Arbitration

Interest in International Investment Arbitration

24/09/2019 by International Arbitration

Interest in International Investment Arbitration

In international investment arbitration interest may represent a significant portion of a final award and it is not uncommon for interest to exceed actual damages.[1] While not being an independent remedy, interest represents an important element of compensation.[2] The main purpose of an award of interest is “to compensate the damage resulting from the fact that, […]

Filed Under: Arbitration Award, Bilateral Investment Treaty, Investor State Dispute Settlement

William Kirtley and Marina Sim Comment on Taxes and Investment Arbitration

28/06/2019 by International Arbitration

William Kirtley and Marina Sim were interviewed by LexisNexis to discuss the judgment of the Paris Court of Appeal in Vincent J. Ryan, Schooner Capital LLC, and Atlantic Investment Partners LLC v Republic of Poland, and the claimants’ set-aside application and its implications for investment treaty arbitration (ITA) practitioners. The dispute concerned States’ authority to […]

Filed Under: Aceris Law, Arbitration Award, France Arbitration, ICSID Arbitration, Investor State Dispute Settlement, United States Arbitration

Should an International Arbitration for a Small Claim Even Be Commenced?

12/02/2019 by International Arbitration

Arbitration Small Claim

Should an international arbitration for a small claim, for instance an amount in dispute of less than USD 50,000, even be commenced? This is a recurring question asked by clients with small claims who wonder if it is worthwhile to commence arbitration proceedings and to incur additional costs in order to recover small amounts. Claimants […]

Filed Under: Arbitration Award, Arbitration Cost, Arbitration Procedure

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Recommended Links

  • Arbitration Institute of the Stockholm Chamber of Commerce
  • Dubai International Arbitration Centre (DIAC)
  • International Centre for Dispute Resolution (ICDR)
  • International Centre for the Settlement of Investment Disputes (ICSID)
  • International Chamber of Commerce (ICC)
  • London Court of International Arbitration (LCIA)
  • Singapore International Arbitration Centre (SIAC)
  • United Nations Commission on International Trade Law (UNCITRAL)
  • Vienna International Arbitration Centre (VIAC)

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