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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.
Launch of ICC YAF Latin America E-forum
The ICC's Young Arbitrator's Forum has announced the launch of the Spanish/Portuguese ICC YAF Latin America e-forum. The forum will facilitate academic and practical discussion on arbitration in Latin America and internationally.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.