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Costs of ICSID Annulment Proceedings

25/04/2022 by International Arbitration

Annulment proceedings under the ICSID Convention

Pursuant to Article 53 of the ICSID Convention, ICSID awards are binding on the parties and “shall not be subject to any appeal or any other remedy except those provided for in this Convention”. As correctly stated by the ad hoc committee in the Standard Chartered Bank v. Tanzania Electric Supply Company case, this “Article […]

Filed Under: ICSID Arbitration

Partial Awards on Unpaid Costs in International Arbitration

24/04/2022 by International Arbitration

Unpaid advance on costs arbitration

Unpaid costs in international arbitration are relatively common. Most rules of arbitral institutions provide that the parties must bear the costs of arbitration in equal shares. Difficulties may arise when one of the parties, usually the respondent, refuses to pay its share of advances on costs to cover the expenses related to the arbitration, including […]

Filed Under: ICC Arbitration, SCC Arbitration

English High Court Applies Doctrine of Waiver by Election in Jurisdictional Challenge to ICC Arbitration

10/04/2022 by International Arbitration

Reko Diq arbitration

In Province of Balochistan v Tethyan Copper Co Pty Ltd, the High Court held that Balochistan was precluded from raising a corruption allegation in the English annulment proceedings because it had failed to raise it as a jurisdictional objection in the underlying arbitration proceedings. The High Court further confirmed that by waiver of election, Balochistan […]

Filed Under: United Kingdom Arbitration

Translations in International Arbitration

01/04/2022 by International Arbitration

Translations-in-International-Arbitration

Translations play a crucial role in international arbitration. In a forum where multiple nationalities and languages are involved, the use of translations is common. However, many arbitration users, and lawyers, remain unaware of the challenges of legal translations. While linguistic challenges may increase time and costs, little attention is paid to the complexity of language […]

Filed Under: International Arbitration Law

Expert Evidence in International Arbitration

27/03/2022 by International Arbitration

Experts in international arbitration

Expert evidence is frequently used in international arbitration. Experts are normally appointed by parties to give their independent opinion on issues beyond the arbitral tribunal’s expertise, such as quantum, delays and “foreign” law, thereby assisting the arbitral tribunal in its decision-making process. Party-Appointed Experts vs. Tribunal-Appointed Experts In international arbitration, there are generally two main […]

Filed Under: International Arbitration Law, United Kingdom Arbitration

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Recommended Links

  • Arbitration Institute of the Stockholm Chamber of Commerce
  • Dubai International Arbitration Centre (DIAC)
  • 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)
  • Singapore International Arbitration Centre (SIAC)
  • United Nations Commission on International Trade Law (UNCITRAL)
  • Vienna International Arbitration Centre (VIAC)

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