The Cour de cassation’s (the French supreme court) recent ruling could be positive news for litigants lacking the resources to pay the ICC’s advance on costs. Pirelli (Italy) brought arbitration proceedings against Licensing Projects (Spain) (LP) over a trade mark dispute in 2007. Later that year, a Spanish court placed LP into a formal insolvency […]
PWC’s 2013 corporate counsel survey has some interesting insights concerning the state of arbitration today. It is available here: Corporate Counsel Survey Regarding Arbitration The primary findings include: – Businesses continue to show a preference for using arbitration over litigation for transnational disputes, although concerns remain about the costs of arbitration. – The survey confirms that arbitration is more popular in […]
Hong Kong and Singapore have long been fierce rivals for the title of Asia’s leading financial centre, and they are now also battling to become Asia’s dominant seat for international commercial arbitrations, the leading form of international dispute resolution. This rivalry is personified by their competing arbitral institutions, the Hong Kong International Arbitration Centre (HKIAC), […]
Sylvana Sinha’s recent article provides a very good explanation of current US jurisprudence concerning the recognition and enforcement of arbitral awards in New York, where many foreign arbitral awards are in practice enforced in the US. It analyzes the current judicial interpretation of the common law doctrine forum non conveniens, as well as the possibility of enforcement […]
On 1 April 2013, the SIAC announced its new rules of arbitration, which have notably been amended with respect to case administration practices.