In international commercial disputes, ad hoc arbitration offers a flexible alternative to institutional proceedings. It is a process conducted without the administration of a permanent arbitral institution,[1] giving parties greater control over how their dispute will be managed. This model is often chosen by users who prioritise autonomy, procedural efficiency, and the ability to tailor […]
International Arbitration Costs
International arbitration can be an efficient and neutral means of resolving cross-border disputes, but its costs are a constant concern for parties. Even when the amount in dispute is high, parties understandably wish to avoid unnecessary expenses and to have a clear picture, from the outset, of what an arbitration is likely to cost. While […]
Lukoil Arbitration Cases
Arbitration plays a vital role in resolving disputes within the global energy industry, where high financial stakes and geopolitical complexities often collide. This note examines several major Lukoil arbitration cases, showcasing how international arbitration mechanisms handle cross-border energy disputes involving sanctions and enforcement challenges. As one of Russia’s leading multinational energy corporations, Lukoil operates across […]
NEC Contracts: Dispute Resolution Under NEC3 and NEC4
The NEC family of contracts, short for New Engineering Contract, is a suite of standard forms of contract published by the Institution of Civil Engineers (“ICE”). NEC is designed for construction, engineering, and infrastructure projects and is used widely in the UK public sector. Its use has also expanded globally, particularly in jurisdictions such as […]
Understanding Risk Allocation in FIDIC Construction Contracts
Construction contracts do more than set out scope, price, and timelines – they also determine how risks are allocated between the parties.[1] Risk allocation is often described as the “soul” of a construction contract because it defines who bears responsibility when projects face design errors, cost overruns, delays, or unforeseen site conditions.[2] The Fédération Internationale […]