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Archives 2010 : ICC Russia hosts a conference on ICC Model contracts and INCOTERMS
On , ICC International Court of Arbitration and ICC Russia will organize in Moscow a conference on "INCOTERMS and ICC model contracts: 2010 trends", which will focus on the ICC recommendations in the drafting of international contracts and how to avoid disputes. During an interactive plenary session, the participants of the conference will be informed about the INCOTERMS 2010 drafting process and what is the role of the INCOTERMS in international trading.The conference will be held both in Russian and English languages.For registration and more information, please, contact ICC Russia, Yuri Popov Tel: + 7 (495) 720 50 80 The programme is available here.
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ICC Asia Pacific Conference
On , San Francisco will host an ICC conference on "East Meets West: Evolving Issues in International Arbitration in the Asia-Pacific Region".
- 1st Session: Overview: The Past, Present and Future of International Arbitration in the Asia-Pacific Region
- 2nd Session: Arbitrating with State Parties: Key Issues and Challenges
- 3rd Session: Multi-Party Arbitration
- 4th Session: Evidence and Discovery in International Arbitration
Tuesday, March 16:
- 1st Session: East Meets West: The Role of Legal Culture in International Arbitration
- 2nd Session: Arbitrating Intellectual Property Disputes in the Asia-Pacific Region
- 3rd Session: Country Focus: Recent Developments and Emerging Trends in International Arbitration in China
- 4th Session: Corporate Counsel Roundtable: International Arbitration in Troubled Economic Times
For more information, please click here to send an e-mail
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"Making Arbitration Work" - a Banking and Finance Perspective
The International Chamber of Commerce, International Court of Arbitration and the International Chamber of Commerce – Hong Kong, China jointly present an arbitration symposium with a specific focus on banking and finance.
Programme: - Whether arbitration is ideal for resolving banking and finance disputes? - Benefits of using ICC Rules for arbitrating banking and finance disputes. - Recent developments in the banking and finance sector and the use of arbitration and ADR. - Developments in the regulatory landscape in Asia as a result of the financial crisis. - Enforceability of arbitral awards in banking and finance disputes. - Common issues in banking and finance disputes - wealth management and confidentiality. - Use of ICC Rules in Trust Disputes.
The Symposium will be held in Hong Kong on Tuesday : - 12:00pm – Networking Luncheon - 1:30pm to 5.30pm - Symposium
Venue: The Hong Kong Bankers Club, 43/F, Gloucester Tower, The Landmark, Hong Kong
Fee: - HK$200/head (non-member) - HK$150/head (ICC-HK member)
Speakers at the Symposium will include representatives of the International Chamber of Commerce, representatives from the Hong Kong Monetary Authority (HKMA), leading arbitration and banking & finance practitioners and in-house counsel of international banks and financial institutions.
This event is sponsored by The Bank of East Asia, Hammonds and HSBC.
Please note that seats are limited and priority will be given to banking and finance professionals as well as in-house counsel of banks and financial institutions. If you are interested in attending this event, please complete the registration form here and return it in accordance with the instructions stated in the said form along with payment on or before 10 March 2010.
You will be informed if your registration is successful upon receipt of your completed form and payment.
For further information, please send an e-mail here.
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Great success for the Seminar on "The Taking of Evidence in International Arbitration"
The seminar jointly organized by the ICC and ISSA (Istituto Superiore di Studi per l’Arbitrato) on in Rome was highly successful. Over 180 participants, including academics, practicing lawyers and in-house counsel, were able to share and debate the views of professors, judges and international practitioners on this topic.
Many representatives of ICC were among the speakers:
Francesca Mazza, Counsel at the ICC International Court of Arbitration and Secretary to the Commission on Arbitration, and Valentine Chessa, Deputy Counsel at the ICC International Court of Arbitration, shared their ICC experience.
Loretta Malintoppi and Alexis Mourre (both vice-presidents of the ICC International Court of Arbitration, Ms. Malintoppi is also co-chairing the Commission Task Force on Production of Electronic Documents) respectively focused on the scope of document production and on the hearing of witnesses and experts. Yves Derains (vice-president of the ICC Institute of World Business Law) presented the controversial views as to witness preparation.
Andrea Carlevaris (alternate member of the ICC International Court of Arbitration) dealt with the rules applicable to the taking of evidence and Piero Bernardini (former vice-president of the ICC International Court of Arbitration) reported on the harmonization of the rules on evidence.
Other speakers, such as members of the Italian Bar or Italian institutions, as well as Teresa Giovannini, vice President of the LCIA, and representatives of the law firm Cleary Gottlieb Steen & Hamilton LLP, also reported on recent developments of the taking of evidence in international arbitration.
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New aid for drafting awards in ICC cases
As part of its ongoing drive to improve efficiency, the ICC International Court of Arbitration has issued a checklist for drafting ICC arbitral awards. The two-page document may be a helpful memory jog for ICC arbitrators when preparing their awards for submission to the Court.
The checklist reminds arbitrators of key information that must normally be included in an ICC award. These include the correct and full identification of all players in the arbitration, details about the relevant arbitration agreement, the complete history of the proceedings, any decisions on jurisdiction, the disposal of the parties’ claims and, in final awards, the costs of the arbitration. Such information is necessary, not only to resolve the dispute, but also to demonstrate the integrity of the proceedings in the event of a subsequent attempt to set aside the award.
The checklist also draws attention to matters of presentation, stressing the importance of clarity and consistency. The readability of an award will be greatly enhanced if it is carefully structured, includes a table of contents and numbered pages and paragraphs, and provides translations of any texts quoted in foreign languages.
The checklist is for guidance only. It does not seek to be exhaustive, nor is it mandatory or otherwise binding upon arbitrators.
Simon Greenberg, Deputy Secretary General of the Court, described the checklist as ‘a time-saving tool to help avoid many of the formal corrections requested by the Court when scrutinizing awards under Article 27 of the ICC Rules’. Mr Greenberg added: ‘It will help to make sure that busy arbitrators do not overlook details that can improve the effectiveness of their awards and thereby contribute to the quality of ICC awards and the efficiency of the scrutiny process.’
The scrutiny of draft awards is one of the most appreciated added values of arbitration proceedings administered by the ICC Court. In 2009, only 33 of the 415 draft awards approved by the Court were accepted without comment. In the remaining 382, the arbitral tribunal was invited to look again at certain aspects of its award. It is hoped that the new checklist will render much post-scrutiny adjustment on minor formal matters unnecessary.
The checklist is intended solely for ICC arbitrations and will be distributed systematically to arbitrators when the case file is transmitted to them, as well as to all arbitrators in ongoing proceedings that have already passed that stage. It will also be published in the ICC International Court of Arbitration Bulletin and the ICC Dispute Resolution Library.
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PIDA Training
The ICC Institute of World Business Law is holding a PIDA Training on 17-20 May 2010, in Paris, to familiarize legal professionals with the very latest practices in international commercial arbitration. Drawn upon the experience of renowned arbitrators in a multicultural and international environment, the training will meet the practical needs of those involved in international trade and will simulate an ICC arbitration, highlighting differences in cultures and legal practices. The mock case will be studied in small groups of no more than 10 persons to stimulate active participation by all.
To download the programme and register, please click here .
For more information, please contact Ms Marina Solecki by email or phone +33 1 49 53 30 42.
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Arbitration and Sport
Under the auspices of the ICC Institute of World Business Law, ICC Events will organize on a colloquium on "Arbitration and Sport" in Roland Garros, Paris.
All the panelists are professionals with particular experience of arbitrating disputes in sport. They include arbitrators listed with the Court of Arbitration for Sport and former members of tribunals constituted for individual sporting events, including the Olympic Games.
To download the programme and register, please click here .
For further information, please contact Ms. Marina Solecki by email or phone +33 1 49 53 30 42.
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Dispute Resolution in M&A Transactions
ICC
International Court of Arbitration supports the conference on “Dispute Resolution
in M&A Transactions, Tactics, Challenges, Defences”. It will be held in Warsaw, Poland,
on .
Participants will have the opportunity to hear speakers on:
- Dispute
settlement in M&A transactions
- Pre-closing
and post-closing disputes
- Disputes
concerning representations and warranties
- The ICC
model M&A contracts
- Business
and public interests in M&A disputes
For the
detailed programme and registration, please, click here.
For further
information, please, contact Ms Agnieszka Różalska at conference@arbitrationcourt.org.pl
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The arbitration week in Montpellier, France
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Conferences in Baltic States:Global financial crisis and arbitration
On , the ICC
International Court of Arbitration will co-organize two events in Baltic States on “Global Financial Crisis and
International Arbitration in the Current Economic Climate”.
Experts
from the ICC International Court of Arbitration, White and Case LLP and Lawin
will examine the claims emerging from the financial crises, the resulting
procedural and enforcement issues, and the outlook for 2010.
Vilnius (Lithuania) Klaipéda Hotel L. Stuokos - Guceviciaus g. 3, LT - 01122
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Reva Hotel Latvija Elizabetes 55, LV - 1010
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Registration details and the full programme are below:
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Facts and Figures on ICC Arbitration - 2009 Statistical Report
- 817 Requests for Arbitration were filed with the ICC Court;
- Those Requests concerned 2,095 parties from 128 countries and independent territories;
- In 9.5% of cases at least one of the parties was a State or parastatal entity;
- The place of arbitration was located in 53 countries throughout the world;
- Arbitrators of 73 nationalities were appointed or confirmed under the ICC Rules;
- The amount in dispute was under one million US dollars in 22.9% of new cases;
- 415 awards were rendered.
The full Statistical Report will be published in ICC Dispute Resolution Library (link) and in ICC International Court of Arbitration Bulletin Vol. 21/No. 1 (2010). Link >
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Enforcement in Mainland China of ICC arbitral awards rendered in Hong Kong
The Supreme People’s Court of the People’s Republic of China has recently circulated a notification on the enforcement of arbitral awards rendered in Hong Kong to all courts in Mainland China.
Dated , the notification clarifies that ad hoc and institutional arbitral awards rendered in the Hong Kong Special Administrative Region are enforceable in Mainland China subject to Article 7 of the Arrangement concerning Mutual Enforcement of Arbitral Awards between the Mainland and the Hong Kong Special Administrative Region, which became effective from . Article 7, which mirrors Article V of the New York Convention, lists limited grounds on which enforcement and recognition of awards may be refused.
The awards to which the notification applies specifically include those rendered under the auspices of the International Court of Arbitration of the International Chamber of Commerce. Any doubt over the enforceability of such awards in Mainland China should now be removed.
The notification is a welcome step forward. It is likely to boost Hong Kong’s development as a seat for international dispute resolution. ICC already has a growing caseload in the region, administered from the Asia branch of the ICC Court Secretariat based in Hong Kong. Industry experts have predicted that the clarification brought by the notification of the Supreme People’s Court will reinforce ICC’s position and give it added appeal for administering cases relating to China.
For further information, please contact: Ms Kim Kit Ow Director, ICC Arbitration & ADR, Asia ICC International Court of Arbitration ICC Asia 32 Maxwell Road #02-11 Singapore 069115
Tel: + 65 6225-9081 / 82 Fax: +65 6225-9083
Click here to send an e-mail
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International Commercial Arbitration in Costa Rica
ICC Costa
Rica is organizing a conference on , in San José, Costa Rica
on « The Present and Future of International Commercial Arbitration ».
Katherine González Arrocha, Director for Latina America, ICC
Dispute Resolution Services, will co-chair panel 4 devoted to the experience of
Latin-America in international commercial arbitration.
For more
information, please send an email to: Luis Montero or visit www.seminariocci.com
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Introduction of new Statement of Acceptance, Availability and Independence for arbitrators
On , the International Court of Arbitration issued a new Statement of Acceptance, Availability and Independence for arbitrators being nominated by parties or proposed by ICC national committees to serve on arbitral tribunals under the ICC Rules of Arbitration.
The principal change introduced in this document was the inclusion of a separate section on availability rather than having the availability requirement linked to the acceptance to serve in the case. In this new section on availability arbitrators are invited to confirm their ability to devote the necessary time to the arbitration.
This addition is intended to encourage arbitrators to reflect carefully on their availability before being appointed or confirmed by the ICC Court and to encourage greater transparency towards the parties involved in the arbitration regarding their availability.
Experience has shown that an unrealistic assessment by an arbitrator of the time he or she can give to a case may cause delays, require the Court to grant repeated extensions of the time limits set pursuant to the ICC Rules of Arbitration, and frustrate the parties’ need for prompt and well-considered decisions. Such delays are both inconvenient and costly. ICC, as the world’s leading international arbitral institution, considered it had a responsibility to address this problem.
To allow an assessment of an arbitrator’s workload, the new Statement of Acceptance, Availability and Independence requests certain limited information on the arbitrator’s professional commitments. However, arbitrators are encouraged to provide more information to the extent that clarification may be necessary and helpful for the Court and the parties to make informed decisions. For example, an arbitrator may indicate the amount of time that he or she has available in the course of the coming months or information regarding the status of any pending cases. However, arbitrators should not disclose information that is confidential.
In order to respond to certain concerns raised after the initial publication of the form, a revised version was issued with effect from . Amendments to the form make explicit that any information provided by an arbitrator must be treated confidentially and will be stored in compliance with the provisions of French data protection law. It will be used only for the purpose of the case for which the prospective arbitrator is nominated.
The Court attaches great importance to observance by ICC tribunals of the time limits in the ICC Rules of Arbitration. Arbitrators appointed or confirmed under the Rules must be capable of working within these limits throughout the entire duration of the case. The vast majority of arbitrators do not need to be reminded of the need to be realistic when assessing the time they can give to a case. Regrettably, however, some do and the Court anticipates that the fact that the point has been highlighted in the new ICC Statement of Acceptance, Availability and Independence will reduce the risk of unreasonable delays in the conduct of ICC arbitrations.
Whilst the new Statement of Acceptance, Availability and Independence may also give rise to objections to the confirmation or appointment of arbitrators or to challenges based on the disclosures provided, those that are frivolous or made for tactical reasons will not be accepted by the Court. Genuine concerns about availability may cause the Court to enquire further of an arbitrator or not to confirm or appoint that person. Equally, however the Court will endeavor to respect the parties’ choices and those of any co-arbitrators on whom the power to nominate a chairman may have been conferred.
The Court will monitor the use of the new form over the course of the next six to twelve months and may make such changes as become reasonably apparent and necessary based on its experience and any comments received from arbitrators, counsel and the parties who use ICC arbitration. |
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The Taking of Evidence in International Arbitration
The ICC International Court of Arbitration and the Istituto Superiore Di Studi Per l’Arbitrato (I.S.S.A.) will co-organize a seminar in Rome on on the theme “The Taking of Evidence in International Arbitration”.
The participants will have an unrivalled opportunity to hear international practitioners on this crucial issue.
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Statement of Acceptance, Availability and Independence for arbitrators
On , the International Court of Arbitration issued a new Statement of Acceptance, Availability and Independence for arbitrators being nominated by parties or proposed by ICC national committees to serve on arbitral tribunals under the ICC Rules of Arbitration. In order to respond to certain concerns raised after the initial publication of the form, a revised version was issued with effect from . |
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ICC's regional Asia office in Singapore
Over 150 eminent
guests from the legal and business world attended the official inauguration of
ICC’s expanded regional Asia office in Singapore on last Friday.
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Arbitrators’ independence
On , in
Paris, ICC
Events will be organizing, under the auspices of the ICC International Court of
Arbitration, a conference on arbitrators’ independence and a Mock ICC Court
Session, in which a number of ICC Court Members from around the world will
participate.
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The taking of evidence in international arbitration
The ICC
International Court of Arbitration and the Istituto Superiore Di Studi Per l’Arbitrato
(I.S.S.A.) will co-organize a seminar in Rome
on on the theme “The Taking of Evidence in International
Arbitration”. The participants will have an unrivalled opportunity to hear international practitioners on this crucial issue. More. An ICC Young Arbitrators Forum will follow (see).
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Arbitration and Mediation: What result?
The ICC
International Court of Arbitration supports a two-day conference organized by
the Chartered Institute of Arbitrators (CIArb) in Singapore on . The same mock case will be studied by using arbitration under the ICC
Rules of Arbitration and then mediation under CIArb Mediation Rules. For more information click here. |
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Arbitration in Asia
The ICC
International Court of Arbitration supports the Singapore International
Arbitration Forum (SIAF) 2010, “The Future for Arbitration”, which will be held
in Singapore
on . At this forum, John Beechey, Chairman of the Court, will
express his view on whether the time for a body of international arbitration
case law has come. Jason Fry, Secretary General of the Court, will provide how
the different actors in the arbitration procedure use innovative approaches to
conduct arbitration.
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Archives : 2010, 2009, 2008, 2007, 2006
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Copyright 2010 International Chamber of Commerce Copyright, trademark and privacy notice

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