Arbitration is triggered by an arbitration clause in a contract. The arbitration clause will typically provide that if a dispute arises in respect of the contract or matters that come within the ambit of the contract, the matter must be referred to arbitration. Either party to the contract is at liberty to issue a notice […]
International Arbitration Hubs And Price Competition
International Arbitration Hubs And Price Competition. International arbitration hubs exist in Paris, London, Dubai, Singapore, Hong Kong and Washington, where many lawyers practicing international arbitration are found in the same city. Many other cities, such as Istanbul, are attempting to become international arbitration hubs today. This is curious, as international arbitration is a unique field […]
Launch of the new ICC Mediation Rules in Singapore | Analysis
By Elisa Warbington – On 17th March 2014, the International Chamber of Commerce (ICC) has presented in Singapore its new Mediation Rules (the Rules), which entered into force on 1st January 2014 and replaced the ICC ADR Rules. With these new and improved Rules, the ICC and its International Center for ADR step up in […]
The Importance Of The Seat Of Arbitration
Choosing an appropriate “seat” or “place” of arbitration is critical. There are a few common misconceptions with respect to the seat. The seat need not be the same as the governing law of the contract, or be based in the same place as the chosen arbitral institution. Thus, there is no reason why a contract […]
The ICC’s New Mediation Rules
On 4 December 2013, the International Chamber of Commerce (ICC) published its new Mediation Rules, which come into effect on 1 January 2014. These Rules replace the ICC’s current Amicable Dispute Resolution (ADR) Rules, which have been in force since 1 July 2001. They are available on the ICC’s website, at https://iccwbo.org/products-and-services/arbitration-and-adr/mediation/rules/. The change in name (from […]