…delays and costs increasingly evident in international arbitration, undermining its legitimacy.   Conclusions Overall, the Zeph claims against Australia, as well as parliamentary inquiries into ratification of IIAs like AANZFTA’s…

…proposal and triggered the arbitration clause. On 16 November 2022, the tribunal rendered the arbitral award (“the Award”) obliging NHP to compensate Thywissen damages, interest, and arbitration costs, including legal…

…criteria to determine whether suspension of the proceeding was warranted or justified in that case: 1) balance of convenience; 2) costs and efficiency; 3) procedural propriety; and 4) fairness and…

…to this conclusion, the Court made three observations: The substance of the dispute had been decided in the 2014 Award; The costs of the arbitration and their allocation had been…

…and speedy clean energy transition, avoiding putting financial stability and energy & economic security at risk. This is especially so considering the so-called unavoidable “energy trilemma”, affecting any Party to…

…rule of the “costs follow the event” and ordered Uruguay (as the losing party) to pay a portion of Claimant’s costs.   Conclusion The recent ICSID award in LARAH v….

…along with non-compounding interests and arbitration costs. The arbitral tribunal also concluded that there was insufficient evidence to establish that payments made by Odebrecht to the anti-recall campaign were related…

…existing mechanisms may appear easier in the short-term, the long-term costs in terms of efficiency and trust in the system could be significant. In light of the above, it would…

for resolving complex transnational disputes, valued for similar reasons. Nonetheless, recent criticisms of international arbitration include its high costs, inefficiency, and the challenges posed by linguistic and cultural differences, as…