FIDIC

2018: 10 key moments from ICC’s Dispute Resolution year

ICC Dispute Resolution

As the world’s leading arbitral institution, the work of ICC’s International Court of Arbitration and other Dispute Resolution Services never stops. We’re taking some time out to look back at some of the highlights and developments from last year.

ICC to decide DAAB challenges under 2017 FIDIC contracts

The International Chamber of Commerce (ICC) has been selected by the International Federation of Consulting Engineers – more commonly known by its French acronym FIDIC – as the trusted dispute settlement body to decide on challenges filed against its Dispute Adjudication/Avoidance Boards (DAAB) Members.

ICC to revise its Uniform Rules for Demand Guarantees

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The ICC Banking Commission has given the go-ahead to begin a revision of the ICC Uniform Rules on Demand Guarantees (URDG). The rules, approved by ICC in 1991, have as their objective to balance the conflicting interests of applicants, beneficiaries and guarantors. In simplifying the drafting of demand guarantees, they serve as a model for guarantee practice worldwide.

ICC construction contracts conference to focus on issues in the Gulf

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Dubai, the site of the world’s largest construction boom, will be the setting for the eighth ICC/FIDIC conference on construction contracts. This year’s conference will focus on the specific features of dispute resolution in international construction contracts and explore the practical implications and current developments, particularly in the Gulf.