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Aceris Secures USD 19 Million ICC Arbitration Award for North American Client, Wards Off USD 131 Million in Counterclaims

25/10/2017 by International Arbitration

Aceris Law has secured another highly favourable international arbitration award, obtaining an arbitration award in excess of USD 19 million on behalf of a North American client, while warding off counterclaims in excess of USD 131 million. The final award in the ICC arbitration was rendered in October 2017. It concerned an engineering, design, procurement […]

Filed Under: FIDIC Arbitration, ICC Arbitration, Interim Measures, Security for Costs in Arbitration

The Guide to Construction Arbitration – Global Arbitration Review

22/10/2017 by International Arbitration

Guide to Construction Arbitration

The Guide to Construction Arbitration is a GAR book edited by Professor Stavros Brekoulakis and David Brynmor Thomas, published in September 2017. According to the editors, The Guide to Construction Arbitration aims to offer practical information to (i) practitioners who are inexperienced in international construction contracts and dispute resolution (e.g. in-house lawyers and construction professionals), […]

Filed Under: Construction Arbitration, FIDIC Arbitration

Screening Arbitrator Appointments

14/10/2017 by International Arbitration

Screening Arbitrator Appointments

Is screening arbitrator appointments a potential solution to the perceived bias of party-appointed arbitrators? Paul Slovic, a cognitive scientist from the University of Oregon, was part of an interesting experiment. He and his colleagues provided a survey of various technologies to participants, who were asked to list their benefits and costs. The initial results concluded […]

Filed Under: Arbitration Information, Arbitration Rules, International Arbitration Law

Colombia Arbitration Proceedings: Fool’s Gold?

03/10/2017 by International Arbitration

What connects General José Fernández de Santillán, emeralds and Colombia arbitration proceedings? More than one would think. If Mr. Fernandez de Santillán had defeated the British squadron on 8 June 1708, the myth of a galleon carrying vast amounts of treasure would never have been born. One of the most interesting recent international arbitrations would […]

Filed Under: Arbitration Jurisdiction, Arbitration Procedure, Colombia Arbitration, Spain Arbitration

Mytilineos v. The Republic of Serbia: Serbia Held Liable in Investment Arbitration

03/10/2017 by International Arbitration

Serbia is liable

The 2013 Mytilineos v The Republic of Serbia investment arbitration came to an end in August 2017 and Serbia was found to have breached the applicable bilateral investment treaty. According to Mytilineos’s press release, the investment arbitration concerned RTB Bor, a copper mining and smelting company that was subject to privatization. While the Tribunal has […]

Filed Under: Arbitration Award, Bilateral Investment Treaty, Investor State Dispute Settlement

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