The Role of Third Party Funders in Investment Disputes In investment disputes, when the claimant decides to pull the trigger and bring forward, one can wonder what his options are to finance the arbitral proceedings. Claimants most often do not have much capital left and are in a distressed financial situation but their claims have […]
Thibault De Boulle Guest Post On Third-Party Funding In International Arbitration
Thibault de Boulle has kindly offered the IAA Network a guest post on third-party funding, which may be read below. Please do not hesitate to let us know if you have any arbitration-related materials that you would like to have published on the IAA Network, since we always welcome additional materials that are pertinent to […]
Overview of the Yukos Arbitration
OVERVIEW OF THE YUKOS ARBITRATION Few arbitration awards in the past years have attracted as much attention as the Yukos arbitration between shareholders of the company and the Russian Federation. After 10 years of proceedings, on 18 July 2014, the Tribunal issued a 600-page award awarding USD 50 billions in damages, legal fees of USD […]
The ICC Rules of Arbitration (2012)
ICC Rules of Arbitration (2012) These ICC Rules of Arbitration are current as of June 2014. The ICC Rules of Arbitration may be used internationally to resolve international commercial arbitrations as well as to resolve investment treaty arbitrations in certain cases. They are appropriate to be used for nearly all international business disputes. A full-text version of the […]
Only 2% Of The Costs Of ICC International Arbitrations Are Due To The ICC
The ICC is often referred to as the gold standard of international arbitration, and it has acquired a reputation as being more expensive than other international arbitration institutions. This reputation is in fact undeserved, as it is not ICC arbitration itself that is expensive, but the costs borne by the parties to present their case. […]