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You are here: Home / Arbitration Information / Transparency in International Arbitration

Transparency in International Arbitration

27/02/2013 by International Arbitration

There have been calls for more transparency with respect to international arbitration, which remains poorly understood by the public at large.  For an example of such a misunderstanding, one need look no further than the recent French police raids on the homes of three highly-distinguished arbitrators, Denis Bredin, Pierre Estoup and Pierre Mazeaud, in reaction to the highly-politicized arbitration between a wealthy French businessman Bernard Tapie and a publicly-owned French bank.  The only thing “wrong” that these arbitrators did, was to rule in favor of Mr. Tapie to the detriment of this publicly-owned French bank (in essence, France has been a very sore loser).  Thankfully, transparency is increasing in international arbitration, which should help to avoid such ludicrous reactions in the future.  As a sign that international arbitration is becoming more transparent, one need look no further the Queen Mary Survey regarding international arbitration, which empirically examines how international arbitration actually functions.  Its executive summary may be found here: Queen Mary Survey (Executive Summary), as well as the full survey: Queen Mary Survey (Full Survey).

 

Filed Under: Arbitration Information, Arbitration Rules, Austria Arbitration, Belarus Arbitration, Belgium Arbitration, France Arbitration, Iceland Arbitration

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