The intersection of international investment law and domestic politics often leads to high-profile arbitration cases, with the annulment of awards frequently making headlines. One such case is the long-standing dispute between the Hungarian energy company MOL Group and the Republic of Croatia. The saga encapsulates the complex dynamics of investment arbitration, allegations of corruption, and […]
LCIA Arbitration – Latest Update on Costs and Duration
Parties wishing to initiate arbitration often have two key concerns in addition to whether a case has merit: the costs and duration of the proceedings. These concerns were recently addressed by the London Court of International Arbitration (the “LCIA”) in a report published on 30 December 2024, entitled “Facts and Figures – Cost and Duration: […]
2024 CPR Guidelines for Arbitrator Disclosure
In August 2024, the International Institute for Conflict Prevention and Resolution published its Guidelines for Arbitrator Disclosure (the “CPR Guidelines”), aiming to provide arbitrators with practical guidance on preparing their disclosures to avoid potential conflicts of interest. Purpose and Scope As indicated in their preamble, the CPR Guidelines seek to facilitate the arbitrators’ disclosure process, […]
The United Nations Convention on Contracts for the International Sale of Goods (CISG)
The United Nations Convention on Contracts for the International Sale of Goods, also known as the “Vienna Convention” (hereinafter the “CISG” or the “Convention”), was adopted on 11 April 1980 and entered into force on 1 January 1988.[1] There are currently 97 State parties to the CISG, as per the website of the United Nations […]
What to Expect from an Arbitration Hearing
Hearings are an integral part of most arbitrations. They provide each party with an opportunity to present its case directly before the arbitral tribunal and can be pivotal to the eventual outcome. However, their importance also makes them a daunting and complex procedure. This note examines some of the most important elements to expect from […]