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 […]
Bilateral Arbitration Treaties (BAT’s): An Update
A recent proposal for a new form of international arbitration through bilateral arbitration treaties has yet to catch fire. Part of the reason may stem from user uncertainty. Bilateral Arbitration Treaties: The Idea Bilateral Arbitration Treaties have captured increasing interest since their initial proposal in 2012.[1] Modelled upon bilateral investment treaties (“BIT’s”), Bilateral Arbitration Treaties […]
Quanto custa uma arbitragem?
No Brasil, o uso da arbitragem, como meio alternativo de resoluções de conflito, tem se firmado e evoluído nitidamente. Apesar das vantagens frequentemente atribuídas ao processo arbitral, os custos de uma arbitragem são, por vezes, mal interpretados. Assim, muitas empresas deixam de incluir cláusulas arbitrais em seus contratos por receio de custos excessivos. Afinal, o […]
ICC Arbitration Clause
By including an ICC Arbitration Clause in a contract, the parties agree that their dispute will be resolved by arbitration and that the arbitration proceedings will be governed by the procedural rules in the ICC Rules of Arbitration, in addition to any mandatory rules at the seat of arbitration. This also implies that the International […]
METAL VM J.S. V. JANINA (ARB/01/11) – AWARD
The arbitration award in Metal VM J.S. v. Janina was the first award to be rendered by the Arbitration Court of the Kosovo Chamber of Commerce. This arbitration concerned a dispute arising out of a sales contract signed in 2009 between Metal VM (a Serbian corporation) and Janina (a Kosovo corporation) regarding electric boilers to […]