The Polish Chamber of Commerce in Warsaw is organizing a conference on 20 November 2015 entitled “The Applicable Law in International Arbitration“, an interesting topic that is far more complex than it might seem at first glance. The conference is taking place on 20 November 2015 at the University of Silesia in Katowice International Conference and […]
New Center For International Commercial Arbitrations In Atlanta
As first reported by the Global Arbitration Review, a new center for international commercial arbitrations is opening in Atlanta, to rival those already present in Miami and New York in the United States, along with the AAA’s ICDR for international disputes, JAMS, and other arbitral institutions. Atlanta is, in theory, a good choice for international arbitrations, since […]
Damages in International Arbitration – Yukos Arbitration
THE VALUATION DATE FOR DAMAGES IN INTERNATIONAL ARBITRATION – YUKOS ARBITRATION The valuation date for damages in international arbitration is clearly important, and it does not always coincide with date suggested by the Parties in an international arbitration. The Yukos arbitration illustrates this point. The two most significant valuation dates for damages, from a quantum […]
Russia’s Strategy on Quantum – Yukos Arbitration
RUSSIA’S STRATEGY NOT TO RESPOND SUBSTANTIVELY TO QUANTUM IN THE YUKOS ARBITRATION In order to help the Tribunal reach a proper valuation of Yukos Oil Company, Claimants put forward 13 possible scenarios. The claims ranged from USD 30 billions to USD 114 billions (Final Award, para. 1701 – 1710) and the three main sets of […]
Investor-State Emergency Arbitrator Award Enforced
Investor-State Emergency Arbitrator Award Enforced An investor-State emergency arbitrator award was enforced by a domestic court in Ukraine, as was initially reported by the Global Arbitration Review. This decision is interesting since it is the first known enforcement of an emergency arbitrator award against a State. Emergency arbitrator awards are non-binding on an arbitral tribunal, but remain in […]