{"title":"The Emergence of Early Disposition Procedures in International Arbitration","authors":"David L. Wallach","doi":"10.1093/arbint/aiab034","DOIUrl":"https://doi.org/10.1093/arbint/aiab034","url":null,"abstract":"\u0000 International arbitral institutions have begun adding early disposition procedures to their rules. This began as a trickle in 2006 when the ICDR became the first institution to add an early disposition rule. It has turned into a flood, with seven major institutions adding procedures in the past five years. There are important differences among the early disposition procedures adopted by various institutions, but those procedures share certain characteristics. They generally impose a high standard of review that must be satisfied to obtain early disposition. Further, many institutions’ procedures are limited in the types of issues that can be raised and the time within which an application for early disposition must be made and disposed of. The absence of early disposition procedures has long been a weakness of international arbitration. The advent of these procedures is one of the most significant shifts in international arbitration procedure in recent memory. This article charts the emergence to early disposition procedures and the arguments for and against them. It reviews the procedures adopted to date and compares them with one another. Finally, it concludes with some reflections on current early disposition procedures and ideas for their further development.","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46811238","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Lawyer, Scholar, Teacher and Activist: Liber Amicorum in Honor of Derek Roebuck, by Neil Kaplan and Robert Morgan (eds.) (2021)","authors":"T. Nelson","doi":"10.1093/arbint/aiab032","DOIUrl":"https://doi.org/10.1093/arbint/aiab032","url":null,"abstract":"","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43743613","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The lacking interest in interest rates: will the phase-out of LIBOR and negative rates go unnoticed by arbitration practitioners?","authors":"Mikhail Kalinin, M. Peer","doi":"10.1093/arbint/aiab031","DOIUrl":"https://doi.org/10.1093/arbint/aiab031","url":null,"abstract":"\u0000 Interest plays a crucial role in ensuring that the compensation obtained by the winning party does not diminish throughout the many years between the breach and enforcement of the award. Despite its importance, interest is often the last element considered by arbitration practitioners, who sometimes rely on popular interest rate benchmarks that worked well in the past. However, some familiar benchmarks might no longer achieve the intended outcome.\u0000 We have reviewed public investment arbitration awards rendered in 2019–2020 and identified three issues: the use of LIBOR despite its imminent phase-out, the use of benchmarks that have become negative, and the omission of interest from awards rendered in favour of respondent states. While solutions may vary, we discuss mechanisms that may be used to review existing awards, alternative interest rate benchmarks that may replace LIBOR, and floors that might be helpful to deal with negative interest rates.\u0000 Arbitration practitioners regret to see it when transactional lawyers negotiate arbitration clauses as ‘midnight clauses’. However, it often escapes the arbitration community that it adopts a similar last minute approach to interest rates. It is hoped that this article might help interest rates avoid the fate of being a ‘midnight remedy’.","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48460169","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Different but similar?: Comparing the IBA Rules on the taking of evidence with the Prague Rules","authors":"R. Rangachari, K. Duggal","doi":"10.1093/arbint/aiab026","DOIUrl":"https://doi.org/10.1093/arbint/aiab026","url":null,"abstract":"\u0000 Until recently, the most common source concerning the taking of evidence in international arbitrations has been the International Bar Association (IBA) Rules on Taking of Evidence in International Arbitration. The IBA Rules have been updated periodically including most recently in 2020 demonstrating its flexibility and wide acceptance. However, rising concerns about costs and delays due to the adversarial nature of the IBA Rules has led to increasing scrutiny and criticism. A consequence of these criticisms was the formation of the Working Group that led to the creation of the Rules on the Efficient Conduct of Proceedings in International Arbitration (the ‘Prague Rules’). This article seeks to discuss the differences between the IBA Rules and the Prague Rules with a focus on the evidentiary process. Both set of rules begin with differing starting assumptions. However, we argue that the IBA Rules and the Prague Rules, while emerging from, and representing the ideals of two different legal systems, have a lot in common. The difference may not ultimately be as wide as one might initially envision.","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45749656","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Lawyer's Duty to Arbitrate in Good Faith and with Civility","authors":"A. Sheppard","doi":"10.1093/ARBINT/AIAB021","DOIUrl":"https://doi.org/10.1093/ARBINT/AIAB021","url":null,"abstract":"","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":"37 1","pages":"535-547"},"PeriodicalIF":0.0,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44568280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"From Lena Goldfields to Crystallex: A Proposal For Collective Financing Of Sovereign Award Debt","authors":"R. Teitelbaum","doi":"10.1093/ARBINT/AIAB022","DOIUrl":"https://doi.org/10.1093/ARBINT/AIAB022","url":null,"abstract":"","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":"37 1","pages":"549-576"},"PeriodicalIF":0.0,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41682383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Johnny Veeder and the Barcelona Traction Case","authors":"Rodman R. Bundy","doi":"10.1093/ARBINT/AIAB016","DOIUrl":"https://doi.org/10.1093/ARBINT/AIAB016","url":null,"abstract":"","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":"37 1","pages":"449-461"},"PeriodicalIF":0.0,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49115899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Arbitration, the World Trade Organization, and the Creation of a Multilateral Investment Court","authors":"A. Bjorklund","doi":"10.1093/ARBINT/AIAB015","DOIUrl":"https://doi.org/10.1093/ARBINT/AIAB015","url":null,"abstract":"","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":"37 1","pages":"433-447"},"PeriodicalIF":0.0,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44052090","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Tribute to Johnny Veeder","authors":"L. Shore, M. Sasson","doi":"10.1093/ARBINT/AIAB024","DOIUrl":"https://doi.org/10.1093/ARBINT/AIAB024","url":null,"abstract":"","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":"37 1","pages":"533-534"},"PeriodicalIF":0.0,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42878039","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Final Chapter of the Demise of the Pure Absolute Doctrine of State Immunity in English Law: A Swedish vignette","authors":"J. Beatson","doi":"10.1093/ARBINT/AIAB014","DOIUrl":"https://doi.org/10.1093/ARBINT/AIAB014","url":null,"abstract":"","PeriodicalId":37425,"journal":{"name":"Arbitration International","volume":"37 1","pages":"419-431"},"PeriodicalIF":0.0,"publicationDate":"2021-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48398554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}