The training – held in English and French – will help lawyers, in-house counsel and arbitrators to understand new elements of the 2012 ICC Rules of Arbitration, which came into force on 1 January 2012, replacing the ICC Rules that had been in force since 1998.
Participants will learn from some of the world’s leading experts in arbitration, including members of the group that drafted the new Rules.
“Following a successful first round of training sessions, this course is an opportunity to take a detailed and hands-on look at the 2012 ICC Rules of Arbitration. It will show how the rules operate in practice by applying them to carefully constructed case scenarios,” said Jose Ricardo Feris, Deputy Secretary General of the ICC International Court of Arbitration.
“These sessions will be especially beneficial and practical for participants given that the new Rules have already been in force since January of this year,” Mr Feris said.
Organized under the auspices of the ICC International Court of Arbitration, the training will give arbitration professionals theoretical and practical knowledge of the main changes to the Rules. Key topics include disputes involving multiple contracts and parties, updated case management procedures and the appointment of an emergency arbitrator.
Participants will work in small groups to practice applying the new provisions in a series of mock cases.
Nathalie Mirkovic of Bombardier Transport, who took part in a similar course on the new Rules in February, described it as, “An excellent introduction to the 2012 ICC Rules of Arbitration, supported by professional and experienced speakers to guide you through the key changes.”
The ICC International Court of Arbitration is handling an increasing number of cases, with a total of 795 arbitration cases filed in 2011. The ICC Rules of Arbitration were updated to improve efficiency, and to take into account the increasing complexity of business transactions, as well as state interests in disputes subject to investment laws, bilateral treaties and free trade agreements.