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


The full Statistical Report will be published in ICC Dispute Resolution Library and in ICC International Court of Arbitration Bulletin Vol. 22/No.1 (2011)

Source: ICC Court of Arbitration

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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.

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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).

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