ICC Sign

The ICC International Court of Arbitration recently announced that it will begin issuing reasoned decisions on such issues as arbitrator challenges, consolidation of arbitrations, and prima facie decisions on jurisdiction.

In its press release, the ICC Court cited growing user demand as a reason for communicating reasons for administrative decisions. According to ICC Court President Alexis Mourre, the move reflects the ICC Court’s desire to enhance transparency and clarity of the ICC arbitration process.

The Court noted that any requests for communication of reasons must be made in advance of the relevant decision in respect of which reasons are sought. The Court may charge an increase in the administrative expenses for requests for reasoned decisions, which should normally not exceed $5000 USD.

ICC remains the premier international arbitration institution for dispute resolution, with an important caseload covering the world. Even with the recent proliferation of regional arbitral institutions (which are sometimes better adapted to handle certain disputes), the ICC is still a popular choice for international businesses who regularly draft arbitration clauses into their agreements as an effective tool for efficient resolution of disputes.

2017-12-20T20:12:47+00:00

About the Author:

Eric Z. Chang, firm founder and Principal, has extensive experience practicing both in civil law and common law systems. He is a former French Avocat à la cour and a current member of the New York and California Bars. He has practiced in Paris, New York and California on cross-border matters involving parties and disputes in Africa, Europe, the United States, Latin America, Asia and the Middle East. His experience covers a wide range of issues and industries: he has represented commercial clients in cases dealing with construction delays and disruptions, finance, securities and accounting fraud, shareholder disputes, maritime attachments, oil and energy, banking and telecommunications. He also represents clients on investor-state disputes, including bilateral investment treaty (BIT) arbitration.