The United States has announced more sanctions against Russia due to the invasion occurring in Ukraine. One of the main sanctions that will affect corporations and foreign investors is the ban on oil, energy, and wheat import from Russia. Today, the United States is among the first few countries taking such positions. These are some of the issues that corporations and … [Read more...]
Everything You Need to Know About International Arbitration–On One Page.
As an attorney practicing in an international city like Miami, I see an increasing amount of international arbitration proceedings taking place here. The most frequent question I get from clients facing such a proceeding is “what exactly is international arbitration?” Too many times it seems, a contracting party will sign an agreement and overlook the … [Read more...]
International Arbitration: ICSID Streams Live Video of Investment Arbitration Hearing.
Although the hearings began live-streaming yesterday, Simon Lester over at the International Economic Law and Policy Blog, has reported that the International Center for the Settlement of Investment Disputes (ICSID) is webcasting a hearing in the Pac Rim CAFTA-DR investment arbitration (via Luke Peterson): A hearing on preliminary objections in the above case will … [Read more...]
International Arbitration: U.S. Supreme Court Says No to Class Arbitration in Stolt-Nielsen SA v. AnimalFeeds International
Regular readers of this blog (you know who you are) know that I have a soft spot for anything that has to do with international arbitration. This is one area of the law that both fascinates and perplexes. One minute you can be in New York applying Japanese law and the next minute you can be in Japan applying New York law. Throw a class action into the mix and things get … [Read more...]
International Arbitration: Swiss Arbitrations Increase with Success of Expedited Arbitration Procedures
There was a high increase in arbitration cases submitted to the court under the Swiss Rules of International Arbitration, according to the Swiss Chambers’ Court of Arbitration and Mediation. According to the Swiss Chamber, a total of 104 new arbitration cases were filed in 2009, an increase of more than fifty percent over the number of cases submitted in 2008. Statistics … [Read more...]