Russian Seminar On International Arbitration The IAA Network is proud to be supporting a Russian seminar on international arbitration taking place at the training complex CSTI Progress in St. Petersburg. The workshop is designed for Russian lawyers or international companies which are faced with questions of international arbitration and would like to improve their knowledge in this […]
2014 In-House Counsel Survey On Arbitration
2014 In-House Counsel Survey On Arbitration Today’s General Counsel has reported the latest survey concerning whether arbitration should be preferred to litigation to resolve disputes. In-house counsel appreciate the less formal setting for resolving disputes via arbitration, as well as the possibilities that it allows to avoid bad court systems and runaway jury decisions. When sensitive facts […]
Security For Costs In ICSID Arbitrations
Security For Costs In ICSID Arbitrations. For the first time, an arbitral tribunal has ordered security for costs in an ICSID arbitration. The arbitral tribunal has ordered the oil and gas exploration and production company RSM Production Corporation to provide a guarantee of USD 750,000 as security for the costs of an investment arbitration. This followed on […]
Yukos Owners Win Largest Arbitration Award In History Against Russia For “Devious And Calculated” Expropriation
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 […]
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 […]