A Summary Determination Procedure in international arbitration, also known as an Early Determination Procedure or Expeditious Determination or Early Dismissal of Claims and Defences, is the determination of points of law or fact by the arbitral tribunal at an early stage of the arbitral proceedings. A request for such a summary determination is often made […]
SIAC Arbitration Costs
When initiating a SIAC arbitration, some of the basic questions most claimants ask are how much a SIAC arbitration costs, when payments are due and whether the costs can be recovered from the opposing party. What Are the Heads of Costs in a SIAC Arbitration? The costs of an arbitration are usually divided into four main groups: (i) fees and costs of […]
International Construction Arbitration
International construction arbitration is a private dispute resolution method for resolving international construction disputes. International construction disputes, as defined by the International Chamber of Commerce (the “ICC“) Commission on International Arbitrations are “all kinds of disputes arising out of projects for construction work, but mainly those relating to the execution of the services (e.g. engineering services) […]
Valuation Date of Expropriated Investment in Investor-State Arbitration
The valuation date of an expropriated investment represents a crucial factor in assessing the amount of compensation to be paid in investor-State arbitrations, as the value of investments may change dramatically over the course of time. Arbitral tribunals are keenly aware that the value of investments change over time. For example, the Iran-US Claims Tribunal […]
Arbitration Reform in Latin America: Argentina and Uruguay New International Arbitration Laws
Latin American countries are finally opening up to international arbitration and modernising their legal frameworks. After Venezuela, Paraguay, Chile and Peru, Argentina and Uruguay have also passed new international arbitration laws, based on the 2006 UNCITRAL Model law. In November 2017, the upper house of the Argentinian Parliament passed a bill adopting a new law […]