The Second Edition of the World Arbitration Update (WAU) took place from September 26 to September 30, 2022. This post highlights the panel on “Taking Stock of the ECT Modernization Process: Fit for the 21st Century?”. The panel was moderated by WAW Co-founder José Antonio Rivas (Xtrategy LLP/Georgetown Law). He was joined by Daniela-Olivia Ghicajanu (Georgetown…

In November this year, the Energy Charter Conference will meet to adopt amendments to the ECT in accordance with the agreement in principle on the modernised ECT. However, the text of the modernised ECT has received much criticism in recent weeks (see e.g., here). Despite the fact that the modernised text of the ECT largely…