ICC gives PIDA training on international commercial arbitration
The International Chamber of Commerce’s Institute of World Business Law is offering a PIDA training on international commercial arbitration that will study a mock case under the recently unveiled 2012 ICC Rules of Arbitration.
This three-and-a-half-day seminar, which will run from 17-20 October, will draw upon the experience of arbitration practitioners in a multicultural and international environment, to meet the practical needs of those involved in international trade.
The training will simulate how ICC Arbitration functions, highlighting differences in cultures and legal practices. Participants will develop first-hand experience and knowledge of the new ICC Rules, as well as the practice of international commercial arbitration, tools that have become essential in today’s international business environment.
The event is aimed at:
- Legal directors and corporate counsel from companies involved in international commercial arbitration
- Practising lawyers
- Legal practitioners who advise international trading companies
- Business people involved in international trade and dispute resolution
“This PIDA training puts the participants in a situation similar to actual proceedings, while allowing them to be taught and also acquire practical experience,” said Yves Derains, Chairman of the ICC Institute of World Business Law. “Unlike gaining experience directly through actual arbitration proceedings, here participants can ask questions directly to the arbitrators or opposing counsel by means of a mock arbitration.”
Eric Schwartz, the Chairman of the seminar adds that PIDA seminars provide a lively and interactive forum in which the participants, working together with experienced ICC Arbitration practitioners, can gain valuable practical knowledge and insights into the ICC Arbitration process.
Seminar participants will study a mock case with the working groups limited to roughly 10 participants. The case will be sent to participants before the training so that they can read the facts, prepare to work in groups, and identify the contractual clauses that cover the events mentioned in the facts. They will then simulate an arbitral hearing, presenting testimony and other evidence and carrying out cross examinations.
The seminar sessions will discuss topics including the state of arbitration in the world today, the general principles of arbitration, the selection and appointment of arbitrators, and the powers, duties and roles of arbitrators.