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Duty to Disclose Third Party Funding in International Arbitration

14/01/2017 by International Arbitration

Duty to Disclose Third Party Funding

Is there a duty to disclose third party funding in international arbitration? In the resolution of disputes through international arbitration, whether it involves cases of Investment or Commercial Arbitration, parties increasingly resort to so-called “third party funding” (“TPF”). TPF provides prospective parties to a dispute with the ability to request financing from other entities to […]

Filed Under: Arbitration Information

European Court of Human Right Judgement Ruled Unenforceable in Russia – Consequences for Yukos Investment Arbitration Awards

13/01/2017 by International Arbitration

European Court of Human Rights

On 19 January 2017, Russia’s Constitutional Court ruled that the State was not under an obligation to comply with the European Court of Human Rights (“ECtHR”) Judgement in the Yukos Case, which awarded approximately EUR 1.9 billion in compensation to the company (the largest in the ECtHR’s history), because of Russia’s breach of the European […]

Filed Under: Arbitration Information, Arbitration Procedure, Arbitration Rules, Russia Arbitration

From International Investment Arbitration to an Investment Court System

07/01/2017 by International Arbitration

Investment Court System

Will an Investment Court System be better than the current arrangements for International Investment Arbitration? The EU and Canada appear to think so. In the recently-approved and signed Comprehensive Economic and Trade Agreement between the European Union (EU) and Canada, a different approach to International Investment Arbitration is being put forward by the EU and […]

Filed Under: Ad Hoc Arbitration, Arbitration Information, Arbitration Rules, Court of Arbitration, ICSID Arbitration, UNCITRAL Arbitration

British Virgin Islands International Arbitration Centre

06/01/2017 by International Arbitration

British Virgin Islands International Arbitration

A new British Virgin Islands International Arbitration Centre (“BVI IAC”) was launched on 16 November 2016. This arbitration institution describes itself as an “independent not-for-profit institution” that was created to provide a “neutral, impartial, efficient and reliable dispute resolution institution in the Caribbean, Latin America and beyond.”[1] It was only on 25 May 2014 that […]

Filed Under: Arbitration Award, Arbitration Information, Arbitration Jurisdiction, Arbitration Rules, British Virgin Islands Arbitration

Indonesia ICSID Arbitration Found Inadmissible Due to Fraud

30/12/2016 by International Arbitration

Indonesia ICSID Arbitration

An Indonesia ICSID arbitration has been found to be inadmissible on the basis of fraud. By an award on 6 December 2016, the Arbitral Tribunal of the International Center for Settlement of Investment Disputes (ICSID) rejected Churchill Mining and Planet Mining Pty Ltd’s claim for compensation (USD 1.95 billion) against the Republic of Indonesia under […]

Filed Under: ICSID Arbitration, Indonesia Arbitration

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Recommended Links

  • International Centre for Dispute Resolution (ICDR)
  • International Centre for the Settlement of Investment Disputes (ICSID)
  • International Chamber of Commerce (ICC)
  • London Court of International Arbitration (LCIA)
  • SCC Arbitration Institute (SCC)
  • Singapore International Arbitration Centre (SIAC)
  • United Nations Commission on International Trade Law (UNCITRAL)
  • Vienna International Arbitration Centre (VIAC)

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