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Interested in Arbitration? - Trends
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20. Commercial International Arbitrations Expected to Rise: Nearly a quarter of counsel from large-cap companies and 17% of all respondents expect an increase in the number of commercial international arbitrations they will be involved in over the coming year. Increases are expected, particularly, in the financial services, insurance, manufacturing and retail sectors. 21. Rate of International Arbitration Higher in U.K. and Among Retail/Wholesale: 22% of U.K. respondents say their company has been party to at least one international arbitration in the last 12 months, versus 14% of U.S. ...
An ICSID Tribunal recently considered an interesting – and potentially uncomfortable – issue relating to bias and the inherent powers of an arbitral tribunal. In the matter between Hrvatska Elektroprivreda v. The Republic of Slovenia , it came to the knowledge of the Claimant that one of the counsel retained by the Respondent (Mr. David Mildon QC) was a door tenant in the prestigious Essex Court Chambers , and the President of the Tribunal (Mr. David Williams QC) was also a door tenant in the same Chambers. The President of the Tribunal clarified that his relationship with ... Read More
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