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Rectification of ICSID Awards

30/09/2016 by International Arbitration

rectification awards icsid convention

The rectification of an award under Article 49(2) of the ICSID Convention is a remedy for inadvertent omissions and minor technical errors in an award. It enables the arbitral tribunal to correct mistakes that may have occurred in the award’s drafting in a non-bureaucratic and expeditious manner. Such corrections are provided for in Article 49(2) of the ICSID Convention: […]

Filed Under: Annulment of Arbitration Award, Arbitration Award, Arbitration Damages, Arbitration Procedure, Argentina Arbitration, Costa Rica Arbitration, Guatemala Arbitration, ICSID Arbitration, Investor State Dispute Settlement, Liberia Arbitration, Mexico Arbitration, Oman Arbitration, Romania Arbitration, Spain Arbitration, United Arab Emirates Arbitration

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