A request for acceptance of the investment constitutes valid evidence of the investor’s consent to ICSID arbitration under Côte d’Ivoire’s Investment Code. This is the finding of the arbitral tribunal in an ICSID arbitration initiated by an Ivoirian company, Société Resort Company Invest Abidjan, and two French nationals, Stanislas Citerici and Gérard Bot, against the Republic of […]
States That Are Not Parties To The New York Convention
The Convention on the Recognition and Enforcement of Foreign Arbitral Awards, typically called the New York Convention, entered into force on 7 June 1959 and is the bedrock of modern arbitration. This international convention requires courts of the 149 contracting States, to give effect to arbitration agreements and to recognize and enforce arbitration awards in all other […]
International Arbitration in Africa
Many practitioners and arbitrators are unfamiliar with international arbitration in Africa and have very little actual experience with it. Yet, sub-Saharan Africa is one of the regions where the use of international arbitration to resolve international disputes is expanding the most swiftly in the world. This should come as no surprise, as the International Monetary […]