Arbitration news -

General news from the world of international commercial arbitration:


 

Cape Verde Signs the ICSID Convention

The Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention) was signed yesterday on behalf of Cape Verde by Her Excellency Maria de Fátima Lima da Veiga, Ambassador Extraordinary and Plenipotentiary of Cape Verde to the United States.

Read more...

Taiwan seeks CAS arbitration of taekwondo dispute

Taiwan has sent a World Taekwondo Federation (WTF) ruling suspending a Taiwanese athlete from competition to the Court of Arbitration for Sport (CAS), hoping that it will hear the case, the government said Friday.

The Lausanne, Switzerland-based CAS could be expected to make a ruling on the case in three months if it establishes it has jurisdiction over the case, said Chow Jui, director of the International Sports Department of the Cabinet-level Sports Affairs Council.

On Dec. 21, the WTF suspended Yang Shu-chun from competition for three months for refusing to leave the mat after she was disqualified from her opening round bout in the women's taekwondo at the under 49 kg division at the Asian Games in Guangzhou in November.

Read more...

Young Arbitration Review (YAR) launched

The inaugural edition of YAR, The Young Arbitration Review, was recently published. This new publication is dedicated to international arbitration issues and trends as seen through the eyes of young practitioners and lawyers with expertise and interest in arbitration.

YAR claims to be the first international arbitration review published in Portugal and written in English by lawyers from several jurisdictions and spread worldwide. Aimed at the development of arbitration as an alternative method for dispute resolution, YAR serves as a unique tool for arbitration players to be informed and aware of the developments of arbitration from an international perspective.

Read more...

Hong Kong passes new Arbitration Ordinance

On 11 November 2010, Hong Kong's new Arbitration Ordinance (Ordinance) was passed by the Legislative Council. The Ordinance represents a major reform of arbitration law in Hong Kong, abolishing the previous distinction between domestic and international arbitration and adopting a unitary regime based on the UNCITRAL Model Law (Model Law).

Read more...

ICCA elects new president: Prof. Jan Paulsson

Prof. Jan Paulsson has been elected by the ICCA Council to serve as the next ICCA President.  He replaces Dr. Gerold Herrmann, who has served as President of ICCA since 2002 and was previously attached to UNCITRAL and the LCIA.

Most recent

Facts and Figures on ICC Arbitration: Requests for arbitration down 3% in 2010

The ICC Court of Arbitraion recently released its figures for 2010 showing the following prelminary statistics:

- 793 Requests for Arbitration were filed with the ICC Court (down 3% from 2009, cf. here for 2009 figures)
- Those Requests concerned 2,145 parties from 140 countries and independent territories;
- In 10% 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 24.1% of new cases;
- 478 awards were rendered.

Read more...

Cairo Regional Centre for International Commercial Arbitration first to adopt new UNCITRAL Arbitration Rules

On 1 March 2011 the Cairo Regional Centre for International Commercial Arbitration (CRCICA) adopted new arbitration rules incorporating the UNCITRAL Arbitration Rules as revised in 2010. CRCICA was established under the auspices of the Asian-African Legal Consultative Organization (AALCO), an inter-governmental organization comprising 47 governments of the Asian and African region, in cooperation with the Government of Egypt. The rules are available in both Arabic and English. Read more...

Chartered Institute hosts Vis Moot reception

The Chartered Institute of Arbitrators (CIArb) together with H.E. Simon Smith, British Ambassador to Austria hosted a reception on the occasion of the 16th Willem C. Vis Moot in Vienna recently.