Recently, a client asked whether third-party funding was legal in Asia. Jana Karam helpfully compiled the following information, which shows that third-party funding is permissible in the vast majority of jurisdictions, but not in China or Singapore, where it is clearly not allowed. Below is a review of the current status of third-party funding in […]
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 […]
6 Arbitration Institutions Win 18 of 19 Arbitration Domains in One UDRP
Six Arbitration Panels brought a single UDRP seeking 19 domain names all owned by ICSID Lawyers, LLC and collectively won 18 of the domains. The Complainants are London Court of International Arbitration (LCIA) of London, United Kingdom of Great Britain and Northern Ireland (“United Kingdom”); International Chamber of Commerce (ICC) of Paris, France; Singapore International Arbitration Centre […]