The ICSID Arbitration Rules (Current As Of June 2014) The ICSID Arbitration Rules are used for resolving investor-State arbitrations brought under the auspices of the International Centre for Settlement of Investment Disputes (“ICSID”), which is the arbitration arm of the World Bank. The ICSID Arbitration Rules were last updated in 2006, following public criticism of […]
The ICC Rules of Arbitration (2012)
ICC Rules of Arbitration (2012) These ICC Rules of Arbitration are current as of June 2014. The ICC Rules of Arbitration may be used internationally to resolve international commercial arbitrations as well as to resolve investment treaty arbitrations in certain cases. They are appropriate to be used for nearly all international business disputes. A full-text version of the […]
New ICDR Rules of Arbitration (2014)
New ICDR Rules of Arbitration (2014) The New ICDR Rules of Arbitration have been released and may be downloaded below. The goal of the new ICDR Rules of Arbitration is to improve upon the efficiency of arbitration and mediation proceedings, as well as to codify existing ICDR practices. The changes to the new ICDR Rules of Arbitration […]
Only 2% Of The Costs Of ICC International Arbitrations Are Due To The ICC
The ICC is often referred to as the gold standard of international arbitration, and it has acquired a reputation as being more expensive than other international arbitration institutions. This reputation is in fact undeserved, as it is not ICC arbitration itself that is expensive, but the costs borne by the parties to present their case. […]
Modifications Proposed To Russian International Arbitration Law
Russian international arbitration legislation is expected to be modified in the near future. The Russian law governing international arbitration, entitled the Law on International Commercial Arbitration, dates from 1993 and was drafted largely on the basis of the the United Nations Commission on International Trade Law (UNCITRAL) Model Law 1985, with minor variations. Largely due to the […]