There are limitations on post-award remedies under the ICC Rules because one of the main reasons that private parties seek to have disputes resolved via international arbitration rather than national courts is the final and binding nature of arbitral awards. Due to human beings’ fallibility, “all arbitral awards, like all national court judgments and academic treatises, […]
Chinese Arbitration Framework
The Chinese Arbitration Framework within which the arbitration is conducted consists of the law, the judicial interpretation and international treaties. First, the laws adopted by the legislature, in particular the 1994 Chinese Arbitration Law, are the most important sources in relation to the Chinese Arbitration Framework, a copy of which is available below. Second, in […]
Arbitration in Lebanon
Arbitration in Lebanon Historical Background Of Arbitration In Lebanon Arbitration in Lebanon is common, and Lebanon is considered to be one of the friendliest countries for arbitration in the Middle East. The Lebanese legislation on arbitration is modern, meaning that it recognizes all well-established principles in international arbitration. In many respects, it is similar to the […]
William Kirtley Discusses Interim Measures To Prohibit The Sale Of Assets During Arbitration With BBC News.
William Kirtley Discusses Interim Measures To Prohibit The Sale Of Assets During Arbitration With BBC News. Interviewed by BBC News (BBC Mundo) in relation to Petróleos de Venezuela S.A.’s planned sale of its American assets, William Kirtley discussed the possibility of prohibiting the the sale of State-owned assets through interim measures issued by arbitral tribunals or through […]
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 […]