In ICC arbitration, upon its constitution, the first task the arbitral tribunal must undertake is to establish the Terms of Reference (Article 23 of the ICC Arbitration Rules) and convene a case management conference with the parties (Article 24 of the ICC Arbitration Rules) during, or following, which a procedural timetable for the whole arbitration must be […]
Arbitration in Albania
As one of the most commonly used methods for settling international disputes, arbitration is common in Albania. The latter has signed and ratified important and well-known international conventions such as the New York Convention on Recognition and Enforcement of Foreign Arbitral Awards and The European Convention on the Recognition and Enforcement of Foreign Arbitral […]
Discriminatory, Unreasonable and/or Arbitrary Measures in Investment Arbitration
The prohibition of discriminatory, unreasonable and/or arbitrary measures affecting investors’ investments normally figures among the protection standards provided by bilateral or multilateral investment treaties. Although it is considered as an independent basis for a finding of State responsibility, some arbitral tribunals have considered that the standard of protection against arbitrariness or discrimination is closely linked […]
Interim Measures in International Arbitration: A Need for Irreparable Harm?
It is a well-established rule of international arbitration that arbitral tribunals have the power to grant interim or conservatory measures. This is explicitly provided in all major arbitration rules (see, e.g., Article 28 of the 2017 ICC Rules, Article 25.1 of the 2014 LCIA Rules, Article 26 of the 2010 UNCITRAL Rules, Rule 30 of […]
Time Limitations and Stale Claims in Investment Arbitration
Investment arbitration sometimes deals with legal issues that are particularly well-rooted in national laws, whereas their application at the international level is less evident. One of these issues revolves around the concept of time limitations. In fact, host States of investment might build their defence based on this concept, arguing that investors’ claims are stale, […]