Yukos Owners Win Largest Arbitration Award In History Against Russia For “Devious And Calculated” Expropriation. Yukos’ owners have won the largest arbitration award in history against Russia for what was determined by an international arbitration tribunal to be a “devious and calculated” expropriation of its assets. Russia has been ordered to pay over USD 50.2 billion to […]
French Legal Magazine Décideurs Writes On The IAA Network
French Legal Magazine Décideurs Publishes Article On The IAA Network. The French legal magazine Décideurs has published an article on the IAA Network, describing its genesis and its objectives, as commented upon by William Kirtley and Christophe Dugué, both of the law firm Dugué & Kirtley. The IAA Network is the first legal network of […]
THE DEVELOPMENT OF INTERNATIONAL ARBITRATION IN TURKEY by Turgut Aycan Özcan
THE DEVELOPMENT OF INTERNATIONAL ARBITRATION IN TURKEY by Turgut Aycan Özcan A. Introduction As a bridge between the Europe and the Middle East, Turkey plays an important and geopolitical role, which connects these two continents not only in the political meaning but also in the economical meaning. Thus, as a developing country, Turkey has become […]
The ICSID Arbitration Rules (Current As Of June 2014)
The ICSID Arbitration Rules (Current As Of June 2014) The ICSID Arbitration Rules are used for resolving investor-State arbitrations brought under the auspices of the International Centre for Settlement of Investment Disputes (“ICSID”), which is the arbitration arm of the World Bank. The ICSID Arbitration Rules were last updated in 2006, following public criticism of […]
Modifications Proposed To Russian International Arbitration Law
Russian international arbitration legislation is expected to be modified in the near future. The Russian law governing international arbitration, entitled the Law on International Commercial Arbitration, dates from 1993 and was drafted largely on the basis of the the United Nations Commission on International Trade Law (UNCITRAL) Model Law 1985, with minor variations. Largely due to the […]